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C-67.2 - Cooperatives Act
Section 48
Disposition versions
48. No preferred share may entitle its holder to redemption or repayment of the share before the expiry of three years from its issue.
48. No preferred share may entitle its holder to redemption or repayment of the share before the expiry of three years from its issue.
The interest payable on a preferred share must be limited by by-law.
