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C-4.1 - Savings and Credit Unions Act

Section 19
Disposition versions

Full text
19. The Inspector General shall not accept a change of affiliation of a credit union unless the credit union has fulfilled all its obligations toward the federation with which it is affiliated or has made an agreement with that federation establishing the terms and conditions of performance of those obligations.
1988, c. 64, s. 19; 1996, c. 69, s. 3.
19. The Inspector General shall not accept to amend the articles of a credit union to change its affiliation unless the credit union establishes to his satisfaction that it has fulfilled all its obligations toward the federation with which it is affiliated.
1988, c. 64, s. 19.
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