C-4.1 - Savings and Credit Unions Act

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133. The affairs of a credit union are managed by the board of directors, subject to any functions devolved upon another organ of the credit union.
The credit union may determine by by-law those powers that the board of directors may exercise only if so authorized by the general meeting. The management of routine business cannot, however, be made subject to such authorization.
1988, c. 64, s. 133; 1996, c. 69, s. 35.
133. The affairs of a credit union are managed by the board of directors, subject to any functions devolved upon another organ of the credit union.
The credit union may determine by by-law those powers that the board of directors may exercise only if so authorized by the general meeting.
1988, c. 64, s. 133.