C-67.3 - Act respecting financial services cooperatives

Full text
218. The by‑laws of the credit union are passed by special resolution of the general meeting.
The general meeting may, where applicable, delegate to the board of directors the power to pass by‑laws on the subjects determined by the general meeting, in accordance with the standards of the federation.
Any amendments made by a credit union to its by‑laws must be sent to the Authority and, if applicable, to the federation of which the credit union is a member.
2000, c. 29, s. 218; 2018, c. 23, s. 132.
218. By-laws of the credit union are passed by the general meeting by a 2/3 majority of the votes cast.
The general meeting may delegate to the board of directors the power to pass by-laws on the subjects it determines, in accordance with the standards of the federation.
2000, c. 29, s. 218.