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C-67.3 - Act respecting financial services cooperatives

Section 121
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121. A financial services cooperative must, when doing business with natural persons or groups that are restricted parties with respect to it, act in the same manner as it would when dealing at arm’s length.
Consequently, a contract entered into between the cooperative and a natural person or group that is a restricted party with respect to it may not be less advantageous for the cooperative than if it had been entered into at arm’s length.
2000, c. 29, s. 121; 2018, c. 23, s. 102.
121. A financial services cooperative must, in respect of restricted parties with whom it does business, act in the same manner as when dealing at arm’s length.
2000, c. 29, s. 121.
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