C-4 - Savings and Credit Unions Act
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130. To become a member of a federation, a union or federation which has not signed the memorandum of association must:(a) sign an application for membership authorized and ratified in accordance with section 123;
(b) agree to comply with the by-laws of the federation and, if the by-laws so require, subscribe for the required number of shares;
(c) be admitted by the board of directors of the federation.
R. S. 1964, c. 293, s. 103.