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C-4.1 - Savings and Credit Unions Act

Section 469.3
Disposition versions

Full text
469.3. Upon each public issue of securities, a legal person referred to in the first paragraph of section 469.1 shall, if expedient, issue subordinated debt securities to a security fund corporation.
The security fund corporation is bound to acquire the debt securities so issued.
1994, c. 38, s. 17.
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