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C-4.1 - Savings and Credit Unions Act
Section 368
Disposition versions
368. A federation not affiliated with a confederation may adopt standards applicable to the credit unions affiliated with it concerning the adequacy of their liquid assets.
An affiliated federation or an unaffiliated federation may, in addition, adopt standards applicable to the credit unions affiliated with it concerning the adequacy of their general reserve.
368. A federation not affiliated with a confederation may, by by-law applicable to the credit unions affiliated with it, establish standards relating to the adequacy of their liquid assets.
An affiliated federation or an unaffiliated federation may, in addition, by by-law applicable to the credit union affiliated with it, establish standards relating to the adequacy of their general reserve.
