Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

C-67.3 - Act respecting financial services cooperatives

Section 440
Disposition versions

Full text
440. On the effective date of the amalgamation, the absorbed federation is continued as the absorbing federation and their patrimonies are joined together to form the patrimony of the absorbing federation. The rights and obligations of the absorbed federation become those of the absorbing federation and the latter becomes a party to any judicial or administrative proceeding to which the absorbed federation was a party.
2000, c. 29, s. 440; 2018, c. 23, s. 264.
440. From the date of amalgamation, the absorbing federation shall acquire the rights and assume the obligations of the absorbed federation.
The absorbed federation shall from that date be deemed to continue as the absorbing federation and its members shall become members of the absorbing federation.
2000, c. 29, s. 440.
© Gouvernement du Québec