C-67.3 - Act respecting financial services cooperatives

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283. The provisions relating to a long‑form amalgamation apply, in all other respects, to an amalgamation by absorption, with the necessary modifications.
2000, c. 29, s. 283; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2018, c. 23, s. 171.
283. Sections 271 to 280 apply, with the necessary modifications, to an amalgamation by absorption.
However, an absorbing credit union may approve the amalgamation agreement by a mere resolution of its board of directors.
A certified copy of the resolution must be transmitted to the Authority and to the federation.
2000, c. 29, s. 283; 2002, c. 45, s. 338; 2004, c. 37, s. 90.
283. Sections 271 to 280 apply, with the necessary modifications, to an amalgamation by absorption.
However, an absorbing credit union may approve the amalgamation agreement by a mere resolution of its board of directors.
A certified copy of the resolution must be transmitted to the Agency and to the federation.
2000, c. 29, s. 283; 2002, c. 45, s. 338.
283. Sections 271 to 280 apply, with the necessary modifications, to an amalgamation by absorption.
However, an absorbing credit union may approve the amalgamation agreement by a mere resolution of its board of directors.
A certified copy of the resolution must be transmitted to the Inspector General and to the federation.
2000, c. 29, s. 283.