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C-4.1 - Savings and Credit Unions Act

Section 449.1
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449.1. Where the members of a federation or of a credit union benefit from a service referred to in section 449, the confederation may act as a mandatary of the federation or credit union and, as mandatary, the confederation shall have all the powers that may be exercised by a federation or a credit union, as the case may be.
A confederation shall have the same powers for the purpose of executing any mandate entrusted to it by a federation or a credit union.
1996, c. 69, s. 143.
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