C-67.3 - Act respecting financial services cooperatives

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5. The mission of a financial services cooperative is
(1)  to receive deposits and invest them for profit;
(2)  to extend, according to law, credit and supply other products and services;
(3)  to promote cooperation between its members, between the members and the cooperative, and between the cooperative and other cooperative bodies;
(4)  to promote economic, financial and social education and education in the cooperative field.
A cooperative may carry on the activities referred to in subparagraphs 1 and 2 of the first paragraph not only with regard to its members, but also with regard to any user; if it is a credit union, its mission is also to support community development.
2000, c. 29, s. 5; 2005, c. 35, s. 1; 2018, c. 23, s. 30.
5. The mission of a financial services cooperative is
(1)  to receive deposits from its members and invest them for profit;
(2)  to extend, according to law, credit and supply other financial products and services to its members and, as an ancillary activity, to any other person or partnership, for the benefit of its members;
(3)  to promote cooperation between its members, between the members and the cooperative, and between the cooperative and other cooperative bodies;
(4)  to promote economic and social education and education in the cooperative field.
The mission of a cooperative that is a credit union is also to support community development.
2000, c. 29, s. 5; 2005, c. 35, s. 1.
5. The mission of a financial services cooperative is
(1)  to receive deposits from its members and invest them for profit;
(2)  to extend, according to law, credit and supply other financial products and services to its members and, as an ancillary activity, to any other person or partnership, for the benefit of its members;
(3)  to promote cooperation between its members, between the members and the cooperative, and between the cooperative and other cooperative bodies;
(4)  to promote education in the economic, social and cooperative sectors.
The mission of a cooperative that is a credit union is also to support community development.
2000, c. 29, s. 5.