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C-67.3 - Act respecting financial services cooperatives

Section 233
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233. The minutes of the meeting at which a member of a board is dismissed must set out the facts which justify the decision.
The credit union, within 15 days of the decision, shall send to the member, by any means enabling proof of receipt, a notice of dismissal setting out the reasons for the dismissal. The credit union shall also send, within the same time limit, a copy of such notice to the federation.
A credit union or any of its officers or managers who, in good faith, present facts at the meeting that justify a dismissal shall not thereby incur any civil liability.
2000, c. 29, s. 233; 2018, c. 23, s. 143.
233. The minutes of the meeting at which a member of a board is dismissed must set out the facts which justify the decision.
The credit union, within 15 days of the decision, shall send to the member, by any means enabling proof of receipt, a notice of dismissal setting out the reasons for the dismissal. The credit union shall also send, within the same time limit, a copy of such notice to the federation.
2000, c. 29, s. 233.
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