C-67.3 - Act respecting financial services cooperatives

Section 15 Disposition versions

2018-07-13

15. The Minister may, if the Minister considers it advisable, authorize the Authority to establish the financial services cooperative.

For that purpose, the Authority shall

(1)  endorse on each duplicate of the articles the words “credit union established” or “federation established”;

(2)  prepare in duplicate a certificate attesting the constitution of the financial services cooperative and stating the date of establishment;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  transmit a duplicate of the certificate and of the articles and a duplicate of the documents referred to in paragraphs 2 to 4 of section 12 to the enterprise registrar who shall deposit them in the register referred to in Chapter II of the Act respecting the legal publicity of enterprises (chapter P-44.1);

(5)  send the other duplicate of the certificate and of the articles to the financial services cooperative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit a credit union as a member.

2000, c. 29, s. 15; 2002, c. 45, s. 297; 2004, c. 37, s. 90; 2010, c. 7, s. 282; 2018, c. 23, s. 37.

2011-02-14

15. The Minister may, if the Minister considers it advisable and after obtaining the advice of the Authority, authorize the Authority to establish the financial services cooperative.

For that purpose, the Authority shall

(1)  endorse on each duplicate of the articles the words “credit union established” or “federation established”;

(2)  prepare in duplicate a certificate attesting the constitution of the financial services cooperative and stating the date of establishment;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  transmit a duplicate of the certificate and of the articles and a duplicate of the documents referred to in paragraphs 2 to 4 of section 12 to the enterprise registrar who shall deposit them in the register referred to in Chapter II of the Act respecting the legal publicity of enterprises (chapter P-44.1);

(5)  send the other duplicate of the certificate and of the articles to the financial services cooperative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit a credit union as a member.

2000, c. 29, s. 15; 2002, c. 45, s. 297; 2004, c. 37, s. 90; 2010, c. 7, s. 282.

2004-12-17

15. The Minister may, if the Minister considers it advisable and after obtaining the advice of the Authority, authorize the Authority to establish the financial services cooperative.

For that purpose, the Authority shall

(1)  endorse on each duplicate of the articles the words “credit union established” or “federation established”;

(2)  prepare in duplicate a certificate attesting the constitution of the financial services cooperative and stating the date of establishment;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  transmit a duplicate of the certificate and of the articles and a duplicate of the documents referred to in paragraphs 2 to 4 of section 12 to the enterprise registrar who shall deposit them in the register established under the Act respecting the legal publicity of sole proprietorships, partnerships and legal persons (chapter P‐45);

(5)  send the other duplicate of the certificate and of the articles to the financial services cooperative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit a credit union as a member.

2000, c. 29, s. 15; 2002, c. 45, s. 297; 2004, c. 37, s. 90.

2004-02-01

15. The Minister may, if the Minister considers it advisable and after obtaining the advice of the Agency, authorize the Agency to establish the financial services cooperative.

For that purpose, the Agency shall

(1)  endorse on each duplicate of the articles the words “credit union established” or “federation established”;

(2)  prepare in duplicate a certificate attesting the constitution of the financial services cooperative and stating the date of establishment;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  transmit a duplicate of the certificate and of the articles and a duplicate of the documents referred to in paragraphs 2 to 4 of section 12 to the enterprise registrar who shall deposit them in the register established under the Act respecting the legal publicity of sole proprietorships, partnerships and legal persons (chapter P‐45);

(5)  send the other duplicate of the certificate and of the articles to the financial services cooperative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit a credit union as a member.

2000, c. 29, s. 15; 2002, c. 45, s. 297.

2001-07-01

15. The Minister may, if the Minister considers it advisable and after obtaining the advice of the Inspector General, authorize the Inspector General to establish the financial services cooperative.

For that purpose, the Inspector General shall

(1)  endorse on each duplicate of the articles the words “credit union established” or “federation established”;

(2)  prepare in duplicate a certificate attesting the constitution of the financial services cooperative and stating the date of establishment;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  deposit in the register instituted under the Act respecting the legal publicity of sole proprietorships, partnerships and legal persons (chapter P‐45), a duplicate of the certificate and of the articles and a duplicate of the documents referred to in paragraphs 2 and 4 of section 12;

(5)  send the other duplicate of the certificate and of the articles to the financial services cooperative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit a credit union as a member.

2000, c. 29, s. 15.