C-4.1 - Savings and Credit Unions Act

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366. Every federation may adopt standards applicable to the credit unions affiliated with it concerning
(1)  the reports a credit union is required to submit for the purpose of determining the amount of the exigible assessments, and the form and tenor thereof;
(2)  any other financial matter or matter relating to sound and prudent management.
A federation must adopt standards applicable to the credit unions affiliated with it concerning any subject referred to in subparagraph 2 of the first paragraph where the interest of the federation and the credit unions affiliated with it so requires.
1988, c. 64, s. 366; 1996, c. 69, s. 113.
366. Every federation may pass by-laws applicable to the credit unions affiliated with it concerning
(1)  the reports a credit union is required to submit for the purpose of determining the amount of the exigible assessments, and the form and tenor thereof;
(2)  any other financial or administrative matter.
1988, c. 64, s. 366.