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C-4.1 - Savings and Credit Unions Act
Section 192
Disposition versions
192. Every officer of a credit union shall exercise the care, prudence and diligence that a reasonable person would exercise in similar circumstances.
He shall also act with honesty and fairness in the best interest of the credit union and in view of its objects. In so doing, he shall take into account the interests of the members and avoid placing himself in situations where his personal interest is in conflict with his obligations.
