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C-67.3 - Act respecting financial services cooperatives

Section 53
Disposition versions

Full text
53. No federation may redeem the qualifying shares it has issued except where a member withdraws or is expelled from the federation, where members amalgamate or where the member or federation is wound up, becomes insolvent or is dissolved.
2000, c. 29, s. 53; 2018, c. 23, s. 55.
53. No federation may redeem the qualifying shares it has issued except where a credit union withdraws or is expelled from the federation, where credit unions amalgamate or where the credit union or federation is wound up, becomes insolvent or is dissolved.
2000, c. 29, s. 53.
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