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C-4.1 - Savings and Credit Unions Act

Section 428
Disposition versions

Full text
428. Every federation shall, in view of its operations, establish and maintain sufficient capital stock as well as such general reserve and liquid assets as are adequate to meet its requirements and obligations, in accordance with the standards of the confederation with which it is affiliated or, if it is not affiliated, with government regulations.
1988, c. 64, s. 428; 1996, c. 69, s. 139.
428. Every federation shall, in view of its operations, establish and maintain sufficient capital stock as well as such general reserve and liquid assets as are adequate to meet its requirements and obligations, in accordance with the by-laws of the confederation with which it is affiliated or, if it is not affiliated, with government regulations.
1988, c. 64, s. 428.
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