C-67.3 - Act respecting financial services cooperatives

Section 71 Disposition versions

2018-07-13

71. Persons doing business with a financial services cooperative may presume that

(1)  the cooperative is pursuing its mission and exercising its powers in accordance with its articles and by-laws;

(2)  the documents transmitted to the Minister or the Authority and registered under this Act contain true information;

(3)  the officers and managers of the cooperative are validly holding office and lawfully exercising the powers arising therefrom;

(4)  the documents of the cooperative issued by one of its officers or managers or other mandataries are valid.

2000, c. 29, s. 71; 2002, c. 45, s. 338; 2004, c. 37, s. 90; 2018, c. 23, s. 68.

2004-12-17

71. Persons doing business with a financial services cooperative may presume that

(1)  the cooperative is pursuing its mission and exercising its powers in accordance with its articles and by-laws;

(2)  the documents transmitted to the Minister or the Authority and registered under this Act contain true information;

(3)  the officers of the cooperative are validly holding office and lawfully exercising the powers arising therefrom;

(4)  the documents of the cooperative which emanate from an officer are valid and binding.

2000, c. 29, s. 71; 2002, c. 45, s. 338; 2004, c. 37, s. 90.

2004-02-01

71. Persons doing business with a financial services cooperative may presume that

(1)  the cooperative is pursuing its mission and exercising its powers in accordance with its articles and by-laws;

(2)  the documents transmitted to the Minister or the Agency and registered under this Act contain true information;

(3)  the officers of the cooperative are validly holding office and lawfully exercising the powers arising therefrom;

(4)  the documents of the cooperative which emanate from an officer are valid and binding.

2000, c. 29, s. 71; 2002, c. 45, s. 338.

2001-07-01

71. Persons doing business with a financial services cooperative may presume that

(1)  the cooperative is pursuing its mission and exercising its powers in accordance with its articles and by-laws;

(2)  the documents transmitted to the Minister or the Inspector General and registered under this Act contain true information;

(3)  the officers of the cooperative are validly holding office and lawfully exercising the powers arising therefrom;

(4)  the documents of the cooperative which emanate from an officer are valid and binding.

2000, c. 29, s. 71.