C-67.3 - Act respecting financial services cooperatives

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91. Dividends may be paid in any form provided for in the by-laws of the financial services cooperative. They may vary, in particular, according to the nature of the transactions made with the cooperative, the nature of the products or services provided to the members, or the amount of the fees paid by the members.
The by-laws may also determine the products and services giving entitlement to dividends and those that give no entitlement thereto.
The allocation and type of dividends paid by a credit union must be in compliance with the standards adopted by the federation.
2000, c. 29, s. 91.