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C-67.3 - Act respecting financial services cooperatives

Section 365
Disposition versions

Full text
365. A credit union is deemed to be a party to an agreement in order to benefit from the advantages resulting from a service referred to in subparagraph 3 of the first paragraph of section 364 if notice of a resolution of the federation to that effect, passed by a 2/3 majority of the votes cast by the members of its board of directors, has been sent to the credit union. However, a credit union may withdraw from the agreement by forwarding to the federation a copy of the resolution to that effect passed by its board of directors.
2000, c. 29, s. 365; 2010, c. 40, s. 8.
365. A credit union is deemed to be a party to an agreement in order to benefit from the advantages resulting from a service referred to in paragraph 3 of section 364 if notice of a resolution of the federation to that effect, passed by a 2/3 majority of the votes cast by the members of its board of directors, has been sent to the credit union. However, a credit union may withdraw from the agreement by forwarding to the federation a copy of the resolution to that effect passed by its board of directors.
2000, c. 29, s. 365.
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