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C-4.1 - Savings and Credit Unions Act

Section 83
Disposition versions

Full text
83. Preferred shares are transferable among members, including auxiliary members where permitted by the by-law of the credit union.
Preferred shares may be transferred to third persons if they have been given as security by a member or an auxiliary member. They may be subsequently transferred only to the members of the credit union which has issued them, and to the auxiliary members where permitted by the by-law of the credit union.
1988, c. 64, s. 83.
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