12. The association shall be constituted by a memorandum, in accordance with form 1, signed in triplicate by the founders in the presence of two witnesses.
One copy shall remain in the archives of the association, and the second shall be transmitted without delay to the clerk or secretary-treasurer of the municipal council governing the municipality wherein the head office of the association is situated, which clerk or secretary-treasurer shall deliver an authentic copy thereof to any person applying therefor, on payment of his usual fees. The third copy shall also without delay, be sent to the Minister of Consumer Affairs, Cooperatives and Financial Institutions who shall publish, at the expense of the syndicate, a notice of receipt thereof in the Gazette officielle du Québec. From and after such publication, the association shall be incorporated and shall be an artificial person.
This act shall also apply to associations existing before the 9th of March 1906 (the date of the coming into force of chapter 33 of the statutes of 1906), and shall have the effect of confirming their by-laws, acts and operations since their organization insofar as they are not incompatible therewith, provided their principal administrative body or board of management adopts a resolution to that effect, a copy whereof shall be deposited as prescribed in this section; and the officers of each association shall continue in office until the expiration of their term of office as provided in the said by-laws; but this provision shall not affect pending cases nor acquired rights.
R. S. 1964, c. 294, s. 12; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11.