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C-4.1 - Savings and Credit Unions Act
Section 228
Disposition versions
228. The capital base of a credit union not affiliated with a federation shall include
(1) its general reserve;
(2) its stabilization reserve;
(3) its qualifying shares and permanent shares;
(4) its preferred shares, up to 1 % of its liabilities; and
(5) any other asset prescribed by regulation of the Government.
