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C-4 - Savings and Credit Unions Act

Section 65
Disposition versions

Full text
65. A credit commissioner, the manager or any person entitled to authorize loans, who has a direct or indirect interest in the application for a loan, must disclose his interest and, in the case of a commissioner, must also refrain from voting on that application.
R. S. 1964, c. 293, s. 64; 1978, c. 85, s. 13.
65. The credit commissioners shall not borrow directly or indirectly from the union or go surety for a borrower.
R. S. 1964, c. 293, s. 64.
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