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C-67.3 - Act respecting financial services cooperatives
Section 547.4
Disposition versions
547.4. A financial services cooperative that belongs to the Group may make by-laws only to the extent and only with regard to matters expressly provided for in the by-laws of the Group.
The provisions of the by-laws of the Group prevail over any conflicting provisions in the by-laws of the cooperative.
In this Act, a reference to the by-laws of a financial services cooperative belonging to the Group is a reference to the by-laws of the Group and, if the by-laws of the Group allow the cooperative to make its own by-laws, a reference to the latter by-laws.
