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C-67.3 - Act respecting financial services cooperatives
Section 547.19
Disposition versions
547.19. Unless it proceeds on a consent basis with each of the holders of shares of the class or series concerned, the Federation may compel the latter to exchange the shares, provided the exchange is approved by a meeting of the holders of those shares in the same manner as if it were an amendment to the by-laws of the Group that adversely affected the rights, privileges, conditions or restrictions attaching to the shares.
Not in force
547.19. Unless it proceeds on a consent basis with each of the holders of shares of the class or series concerned, the Federation may compel the latter to exchange the shares, provided the exchange is approved by a meeting of the holders of those shares in the same manner as if it were an amendment to the by-laws of the Group that adversely affected the rights, privileges, conditions or restrictions attaching to the shares.
