C-4 - Savings and Credit Unions Act

Section 1 Disposition versions

1983-04-01

1. In this Act, the following expressions mean:

(a)  “savings and credit union” or “union” : a savings and credit union governed by this Act;

(b)  “founder” : a person who has signed the founding memorandum of a union or was admitted as a member at the organization meeting;

(c)  “federation” : a federation governed by this Act and composed of unions or federations of unions;

(d)  “affiliated union” : a union which is a member of a federation, either directly or as a member of a federation which is a member thereof;

(e)  “general reserve” : the reserve contemplated in section 87;

(f)  (paragraph repealed);

(g)  “executive officer” : a member of the board of directors, of the board of supervision, or of the committee on credit, and the manager.

R. S. 1964, c. 293, s. 1; 1970, c. 59, s. 1; 1975, c. 76, s. 11; 1978, c. 85, s. 1; 1981, c. 9, s. 24; 1982, c. 52, s. 86.

1981-06-18

1. In this act, the following expressions mean:

(a)  “savings and credit union” or “union” : a savings and credit union governed by this act;

(b)  “founder” : a person who has signed the founding memorandum of a union or was admitted as a member at the organization meeting;

(c)  “federation” : a federation governed by this act and composed of unions or federations of unions;

(d)  “affiliated union” : a union which is a member of a federation, either directly or as a member of a federation which is a member thereof;

(e)  “general reserve” : the reserve contemplated in section 87;

(f)  “Minister” : the Minister of Financial Institutions and Cooperatives;

(g)  “executive officer” : a member of the board of directors, of the board of supervision, or of the committee on credit, and the manager.

R. S. 1964, c. 293, s. 1; 1970, c. 59, s. 1; 1975, c. 76, s. 11; 1978, c. 85, s. 1; 1981, c. 9, s. 24.

1978-06-23

1. In this act, the following expressions mean:

(a)  “savings and credit union” or “union” : a savings and credit union governed by this act;

(b)  “founder” : a person who has signed the founding memorandum of a union or was admitted as a member at the organization meeting;

(c)  “federation” : a federation governed by this act and composed of unions or federations of unions;

(d)  “affiliated union” : a union which is a member of a federation, either directly or as a member of a federation which is a member thereof;

(e)  “general reserve” : the reserve contemplated in section 87;

(f)  “Minister” : the Minister of Consumer Affairs, Cooperatives and Financial Institutions;

(g)  “executive officer” : a member of the board of directors, of the board of supervision, or of the committee on credit, and the manager.

R. S. 1964, c. 293, s. 1; 1970, c. 59, s. 1; 1975, c. 76, s. 11; 1978, c. 85, s. 1.

1977-12-31

1. In this act, the following expressions mean:

(a)  “savings and credit union” or “union” : a savings and credit union governed by this act;

(b)  “founder” : a person who has signed the founding memorandum of a union or was admitted as a member at the organization meeting;

(c)  “federation” : a federation governed by this act and composed of unions or federations of unions;

(d)  “affiliated union” : a union which is a member of a federation, either directly or as a member of a federation which is a member thereof;

(e)  “general reserve” : the reserve contemplated in section 87;

(f)  “Minister” : the Minister of Consumer Affairs, Cooperatives and Financial Institutions.

R. S. 1964, c. 293, s. 1; 1970, c. 59, s. 1; 1975, c. 76, s. 11.