C-67.3 - Act respecting financial services cooperatives

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437. On the effective date of the amalgamation, the amalgamating federations are continued as the amalgamated federation and their patrimonies are joined together to form the patrimony of the amalgamated federation. The rights and obligations of the amalgamating federations become those of the amalgamated federation and the latter becomes a party to any judicial or administrative proceeding to which the amalgamating federations were a party.
2000, c. 29, s. 437; 2018, c. 23, s. 262.
437. The amalgamating federations are continued as one and the same federation from the date stated in the certificate.
The amalgamated federation shall acquire all the rights and assume all the obligations of each of the amalgamating federations. Proceedings to which the amalgamating federations are a party may be continued without continuance of suit.
2000, c. 29, s. 437.