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C-67.3 - Act respecting financial services cooperatives

Section 463
Disposition versions

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463. The assets described in the first paragraph of section 461 maintained by the credit unions and administered by the federation may be paid in whole or in part into any fund established by the federation. The provisions of sections 408 to 413 apply to such a fund, in accordance with the by-laws of the federation.
Where the assets of such a fund are separate from the assets of the federation, the federation must submit its annual financial statements to the Authority together with any other financial statement or information required by the Authority.
2000, c. 29, s. 463; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2018, c. 23, s. 285.
463. Some or all of the liquid assets maintained by the credit unions and administered by the federation may be paid into any fund established by the federation. The provisions of sections 408 to 413 apply to such a fund, in accordance with the by-laws of the federation.
Where the assets of such a fund are separate from the assets of the federation, the federation must submit its annual financial statements to the Authority together with any other financial statement or information required by the Authority.
2000, c. 29, s. 463; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2018, c. 23, s. 285.
463. Some or all of the liquid assets maintained by the credit unions and administered by the federation may be paid into any fund established by the federation. The provisions of sections 408 to 413 apply to such a fund, in accordance with any applicable by-law of the federation.
Where the assets of such a fund are separate from the assets of the federation, the federation must submit its annual financial statements to the Authority together with any other financial statement or information required by the Authority.
2000, c. 29, s. 463; 2002, c. 45, s. 338; 2004, c. 37, s. 90.
463. Some or all of the liquid assets maintained by the credit unions and administered by the federation may be paid into any fund established by the federation. The provisions of sections 408 to 413 apply to such a fund, in accordance with any applicable by-law of the federation.
Where the assets of such a fund are separate from the assets of the federation, the federation must submit its annual financial statements to the Agency together with any other financial statement or information required by the Agency.
2000, c. 29, s. 463; 2002, c. 45, s. 338.
463. Some or all of the liquid assets maintained by the credit unions and administered by the federation may be paid into any fund established by the federation. The provisions of sections 408 to 413 apply to such a fund, in accordance with any applicable by-law of the federation.
Where the assets of such a fund are separate from the assets of the federation, the federation must submit its annual financial statements to the Inspector General together with any other financial statement or information required by the Inspector General.
2000, c. 29, s. 463.
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