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C-67.3 - Act respecting financial services cooperatives

Section 169
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169. The winding-up of a financial services cooperative may be decided by a resolution adopted by the vote of 3/4 of the members present at a special meeting.
The general meeting shall appoint, by the vote of a majority of the votes cast, a liquidator who is entitled to immediate possession of the property of the financial services cooperative.
The cooperative shall thereafter exist and carry on business solely for the purposes of the winding-up of its affairs.
2000, c. 29, s. 169.
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