C-4.1 - Savings and Credit Unions Act

Section 39 Disposition versions

1994-01-01

39. The Minister may, if he considers it advisable and after obtaining the advice of the Inspector General, authorize the Inspector General to incorporate the credit union.

For that purpose, the Inspector General shall

(1)  endorse on each duplicate of the articles the words “credit union incorporated”;

(2)  prepare in duplicate a certificate attesting the incorporation of the credit union and stating the date of its incorporation;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  deposit in the register a duplicate of the certificate and of the articles and a duplicate of the documents referred to in paragraphs 2 and 4 of section 36;

(5)  send the other duplicate of the certificate and of the articles to the credit union or its representative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit the credit union as a member and to the confederation with which the federation is affiliated, where that is the case;

(7)  (subparagraph repealed).

1988, c. 64, s. 39; 1993, c. 48, s. 177.

1989-03-15

39. The Minister may, if he considers it advisable and after obtaining the advice of the Inspector General, authorize the Inspector General to incorporate the credit union.

For that purpose, the Inspector General shall

(1)  endorse on each duplicate of the articles the words “credit union incorporated”;

(2)  prepare in duplicate a certificate attesting the incorporation of the credit union and stating the date of its incorporation;

(3)  attach a duplicate of the articles to each duplicate of the certificate;

(4)  register one duplicate of the certificate and of the articles and accompanying documents;

(5)  send the other duplicate of the certificate and of the articles to the credit union or its representative;

(6)  send a certified copy of the certificate and of the articles to the federation which has undertaken to admit the credit union as a member and to the confederation with which the federation is affiliated, where that is the case;

(7)  cause a notice of the issue of the certificate to be published in the Gazette officielle du Québec at the expense of the credit union.

1988, c. 64, s. 39.