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C-67.3 - Act respecting financial services cooperatives

Section 47
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47. Shares may be paid for in full or in instalments, in accordance with the terms and conditions and in the cases determined by a resolution of the board of directors of the financial services cooperative.
If the cooperative is a credit union that is a member of a federation, the resolution must be submitted for approval to the federation.
2000, c. 29, s. 47; 2018, c. 23, s. 51.
47. Shares may be paid for in full or in instalments, in accordance with the terms and conditions and in the cases determined by a resolution of the board of directors of the financial services cooperative.
A credit union must submit such a resolution to the federation for approval.
2000, c. 29, s. 47.
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