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C-67.3 - Act respecting financial services cooperatives

Section 409
Disposition versions

Full text
409. The by-laws of the federation must contain provisions concerning the administration of the funds it establishes.
The federation may adopt an investment policy for each of the funds established by its by‑laws.
2000, c. 29, s. 409; 2018, c. 23, s. 244.
409. The federation shall pass by-laws concerning the administration of the funds it establishes, the amounts that may be deposited in the funds and the assets that may be paid into them.
The sums deposited in a fund and the assets paid into it shall be used and managed in accordance with the powers of the federation.
2000, c. 29, s. 409.
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