651. To the extent that it is applicable, Part III of the Companies Act (chapter C-38) governs the association, particularly the provisions relating to dissolution, subject to this Section and the by-law approved by the Inspector General of Financial Institutions.
However, section 103, except subsection 3, and sections 113, 114 and 123 of Part I of the said Act apply, mutatis mutandis, subject to this Section and the by-law approved by the Inspector General of Financial Institutions.