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C-67.3 - Act respecting financial services cooperatives

Section 426
Disposition versions

Full text
426. The federation shall transmit to the Authority, every three months, a report on the adequacy of its capital to ensure the sustainability of its network, a report on the adequacy of its assets to meet the liabilities of the financial services cooperatives belonging to the network and any other report required by the Authority.
Every credit union that is not a member of a federation shall also transmit to the Authority, every three months, a report on the adequacy of its capital to ensure it sustainability, a report on the adequacy of its assets to meet its liabilities and any other report required by the Authority.
2000, c. 29, s. 426; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2018, c. 23, s. 256.
426. The federation shall transmit to the Authority, every three months, a report on the adequacy of the capital base of its network, a report on the adequacy of its liquid assets and any other report required by the Authority.
Every credit union that is not a member of a federation shall also transmit to the Authority, every three months, a report on the adequacy of its capital base, a report on the adequacy of its liquid assets and any other report required by the Authority.
2000, c. 29, s. 426; 2002, c. 45, s. 338; 2004, c. 37, s. 90.
426. The federation shall transmit to the Agency, every three months, a report on the adequacy of the capital base of its network, a report on the adequacy of its liquid assets and any other report required by the Agency.
Every credit union that is not a member of a federation shall also transmit to the Agency, every three months, a report on the adequacy of its capital base, a report on the adequacy of its liquid assets and any other report required by the Agency.
2000, c. 29, s. 426; 2002, c. 45, s. 338.
426. The federation shall transmit to the Inspector General, every three months, a report on the adequacy of the capital base of its network, a report on the adequacy of its liquid assets and any other report required by the Inspector General.
Every credit union that is not a member of a federation shall also transmit to the Inspector General, every three months, a report on the adequacy of its capital base, a report on the adequacy of its liquid assets and any other report required by the Inspector General.
2000, c. 29, s. 426.
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