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C-67.3 - Act respecting financial services cooperatives
Section 712
Disposition versions
712. The qualifying shares issued by a credit union, a federation or a confederation before 1 July 2001, other than those cancelled in the context of the amalgamation under section 689, are deemed to be qualifying shares issued by a credit union or a federation in accordance with the provisions of this Act.
Notwithstanding section 53, qualifying shares issued before 16 June 2000 may be reimbursed by a federation that is included in the amalgamation under section 689.
In force: 2001-07-01
712. The qualifying shares issued by a credit union, a federation or a confederation before 1 July 2001, other than those cancelled in the context of the amalgamation under section 689, are deemed to be qualifying shares issued by a credit union or a federation in accordance with the provisions of this Act.Notwithstanding section 53, qualifying shares issued before 16 June 2000 may be reimbursed by a federation that is included in the amalgamation under section 689.
