C-67.2 - Cooperatives Act

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30. Third persons may presume that
(1)  the cooperative pursues its objects and exercises its powers in accordance with its articles and by-laws or, as the case may be, the agreement on administration by the meeting of its members contemplated in section 61;
(2)  the documents sent to the Minister and filed under this Act contain true information;
(3)  the directors and executive officers of the cooperative validly hold office and lawfully exercise the powers arising therefrom;
(4)  the documents of the cooperative issued by one of its directors, executive officers or other mandataries are valid and binding.
1982, c. 26, s. 30; 2003, c. 18, s. 18.
30. Third persons may presume that
(1)  the cooperative pursues its objects and exercises its powers in accordance with its articles and by-laws or, as the case may be, the agreement of its members contemplated in section 61;
(2)  the documents sent to the Minister and filed under this Act contain true information;
(3)  the directors and executive officers of the cooperative validly hold office and lawfully exercise the powers arising therefrom;
(4)  the documents of the cooperative issued by one of its directors, executive officers or other mandataries are valid.
1982, c. 26, s. 30.