8. The five copies of the memorandum shall be sent to the Minister. If he approves the formation of the union, he shall so indicate by affixing his signature to each copy.
Notice of such approval shall be published in the Gazette officielle du Québec at the expense of the union.
After such notice is published, one of the copies of the memorandum shall be filed in the records of the Ministère des consommateurs, coopératives et institutions financières and the other four shall be returned to the provisional secretary of the union; he shall deliver one copy thereof to the prothonotary of the district where the corporate seat of the union is situated; he shall preserve one copy in the records of the union and deliver the other two to the federation with which the union is affiliated.
From the publication of such notice in the Gazette officielle du Québec, the founders shall be a savings and credit union which is a corporation within the meaning of the Civil Code.
Publication of the notice is conclusive proof of the formation and existence of the union and of the name by which it is to be known.
R. S. 1964, c. 293, s. 8; 1966-67, c. 72, s. 23; 1970, c. 59, s. 5; 1975, c. 76, s. 11; 1977, c. 5, s. 14.