C-67.3 - Act respecting financial services cooperatives

Section 370 Disposition versions

2018-07-13

370. (Repealed).

2000, c. 29, s. 370; 2007, c. 18, s. 6; 2018, c. 23, s. 226.

2007-11-09

370. The federation may adopt standards applicable to the credit unions, with respect to

(1)  the persons that a credit union may recruit as members, other than auxiliary members;

(1.1)  for the purposes of section 200.1, the conditions under which a natural person may be admitted as a member by the board of directors after the person has ceased to meet the conditions relating to a common characteristic set out in the articles of the credit union in accordance with the second paragraph of section 10;

(1.2)  the limits that apply to the number of credit union members who do not meet the conditions relating to a common characteristic;

(2)  the cases in which a credit union may adopt a by-law under section 200;

(3)  the matters regarding which the power to adopt by-laws may be delegated to the board of directors of a credit union;

(3.1)  the minimum number or percentage of members required to requisition a special meeting of credit union members;

(4)  any other administrative practice.

2000, c. 29, s. 370; 2007, c. 18, s. 6.

2001-07-01

370. The federation may adopt standards applicable to the credit unions, with respect to

(1)  the persons that a credit union may recruit as members, other than auxiliary members;

(2)  the cases in which a credit union may adopt a by-law under section 200;

(3)  the matters regarding which the power to adopt by-laws may be delegated to the board of directors of a credit union;

(4)  any other administrative practice.

2000, c. 29, s. 370.