C-3 - Act respecting the caisses d’entraide économique

Section 9 Disposition versions

1977-12-31

9. If the form of subscription for shares used by a union provides that the amount subscribed and the cost of acquisition of the shares is payable by periodic instalments, the latter are first posted to the payment of the cost of acquisition, then to the payment of the shares subscribed so as to pay for each unit in full as and when the instalments are received.

1974, c. 68, s. 9.