S-29.01 - Act respecting trust companies and savings companies

Full text
45. Where one of the applicants is a trust company and the company resulting from the amalgamation is a savings company, the deposits received by the trust company are deemed to have been received by the savings company in accordance with section 172.
1987, c. 95, s. 45; 1999, c. 40, s. 304.
45. Where one of the applicants is a trust company and the company resulting from the amalgamation is a savings company, the deposits received by the trust company are presumed to have been received by the savings company in accordance with section 172.
1987, c. 95, s. 45.