Ministère de l'Emploi et de la Solidarité sociale
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

S-17 - Act respecting the Société générale de financement du Québec

Section 13
Disposition versions

Full text
13. (Repealed).
1962, c. 54, s. 12; 1966-1967, c. 76, s. 4; 1969, c. 72, s. 3; 1976, c. 12, s. 7; 1978, c. 66, s. 7.
13. A savings and credit union, with prior approval, where required, of the federation to which it is affiliated, may acquire and hold bonds or other titles of indebtedness issued by the company up to one-fourth of its general reserve.
A union affiliated to a federation that is itself affiliated to the Fédération de Québec des unions régionales des caisses populaires Desjardins must obtain the approval of the latter federation.
A federation does not incur any liability by giving such approval.
A union not affiliated to a federation must obtain authorization from the Minister of Consumer Affairs, Cooperatives and Financial Institutions.
1962, c. 54, s. 12; 1966-1967, c. 76, s. 4; 1969, c. 72, s. 3; 1976, c. 12, s. 7.
© Gouvernement du Québec