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C-67.3 - Act respecting financial services cooperatives
Section 12
Disposition versions
12. The articles of the financial services cooperative must be accompanied with
(1) an application, signed by two founders, requesting the Minister to authorize the constitution of the financial services cooperative together with, in the case of a federation, a certified copy of the resolution of each of the founding credit unions;
(2) a notice of the name and address of the person designated as the provisional secretary;
(3) a notice of the manner in which the organization meeting will be called;
(4) a notice of the address of the head office;
(5) a certified copy of the resolution of the federation which has undertaken to admit the credit union as a member;
(6) a certified copy of the resolution of the federation stating that it has given its consent to the use of the proposed name, in accordance with section 19;
(7) the documents constituting the guarantees referred to in section 187, 188 or 189;
(8) the budgeted statements of the assets, liabilities and results for the first year of operation of the cooperative;
(9) a report assessing the needs to be met by the establishment of a financial services cooperative;
(10) the fees prescribed by regulation of the Government.
12. The articles of the financial services cooperative must be accompanied with
(1) an application, signed by two founders, requesting the Minister to authorize the constitution of the financial services cooperative together with, in the case of a federation, a certified copy of the resolution of each of the founding credit unions;
(2) a notice of the name and address of the person designated as the provisional secretary;
(3) a notice of the manner in which the organization meeting will be called;
(4) a notice of the address of the head office;
(5) a certified copy of the resolution of the federation which has undertaken to admit the credit union as a member;
(6) a certified copy of the resolution of the federation stating that it has given its consent to the use of the proposed name, in accordance with section 19;
(7) the documents constituting the guarantees referred to in section 187, 188 or 189;
(8) the budgeted statements of the assets, liabilities and results for the first year of operation of the cooperative;
(9) a report assessing the needs to be met by the establishment of a financial services cooperative.
