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C-4.1 - Savings and Credit Unions Act
Section 125
Disposition versions
125. The minutes of the meeting at which a member is dismissed must state the facts which justify the decision.
The credit union, within 15 days of the decision, shall send to the member, by registered or certified mail, a notice of his dismissal, stating the reasons therefor. The credit union shall also send, within the same time, a copy of such notice to the federation with which it is affiliated.
