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S-29.01 - Act respecting trust companies and savings companies

Section 46
Disposition versions

Full text
46. Where one of the applicants is a savings company and the company resulting from the amalgamation is a trust company, the sums borrowed by the savings company in the form of deposits are deemed to have been received by the trust company in accordance with section 177.
1987, c. 95, s. 46; 1999, c. 40, s. 304.
46. Where one of the applicants is a savings company and the company resulting from the amalgamation is a trust company, the sums borrowed by the savings company in the form of deposits are presumed to have been received by the trust company in accordance with section 177.
1987, c. 95, s. 46.
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