I-13.2.2, r. 1 - Regulation respecting the application of the Deposit Institutions and Deposit Protection Act

Section 35 Disposition versions

2020-04-30

35. Before opening an account for a depositor or issuing any document to him or her evidencing the receipt of a deposit of money within the meaning of section 1, an authorized deposit institution must provide the depositor with a description, in physical or digital form, of the Authority’s deposit protection plan.

An authorized deposit institution that provides the depositor with the Authority’s deposit protection brochure in physical or digital form or that refers to the relevant sections of the Authority’s website is deemed to have fulfilled the obligation set out in the first paragraph.

M.O. 2010-12, s. 35; M.O. 2020-09, s. 39.

2019-06-13

35. A registered institution wishing to inform the public that deposits made with it are guaranteed by the Authority may use only the phrase “Registered under the Deposit Institutions and Deposit Protection Act with the Autorité des marchés financiers” in its advertising.

M.O. 2010-12, s. 35.

2012-09-01

35. A registered institution wishing to inform the public that deposits made with it are guaranteed by the Authority may use only the phrase “Registered under the Deposit Insurance Act with the Autorité des marchés financiers” in its advertising.

M.O. 2010-12, s. 35.