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C-67.3 - Act respecting financial services cooperatives
Section 702
Disposition versions
702. La Confédération des caisses populaires et d’économie Desjardins du Québec shall by by-law, before 1 July 2001,
(1) determine the capital stock of the Fédération des caisses Desjardins du Québec;
(2) provide for the cancellation, without repayment of capital, of the shares of La Confédération des caisses populaires et d’économie Desjardins du Québec or their conversion into shares of the Fédération des caisses Desjardins du Québec; and
(3) provide for the cancellation, without repayment of capital, of the shares of the amalgamating federations or their conversion into shares of the Fédération des caisses Desjardins du Québec.
The Confédération may also, in the by-law, provide for the reimbursement, subdivision or exchange of all or part of the investment deposits with, into or for capital shares in relation to an investment fund.
