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C-67.3 - Act respecting financial services cooperatives

Section 115
Disposition versions

Full text
115. (Repealed).
2000, c. 29, s. 115; 2003, c. 20, s. 6; 2018, c. 23, s. 98.
115. A person is an associate of an officer of a financial services cooperative where that person is
(1)  the spouse or minor child of, or the minor child of the spouse of, the officer;
(2)  (subparagraph repealed);
(3)  a legal person or a partnership controlled by the officer or by the spouse, minor child or minor child of the spouse of the officer, individually or jointly;
(4)  (subparagraph repealed).
For the purposes of this section, a child of the spouse means a child living with the officer.
2000, c. 29, s. 115; 2003, c. 20, s. 6.
115. A person is an associate of an officer of a financial services cooperative where that person is
(1)  the spouse or minor child of, or the minor child of the spouse of, the officer;
(2)  a partner of the officer, or a partnership in which the officer is a partner;
(3)  a legal person controlled by the officer or by the spouse, minor child or minor child of the spouse of the officer, individually or jointly;
(4)  a legal person in which the officer holds 10 % or more of the voting rights attached to the shares issued by it or 10 % or more of such shares.
For the purposes of this section, a child of the spouse means a child cohabiting with the officer.
2000, c. 29, s. 115.
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