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C-67.3 - Act respecting financial services cooperatives

Section 601.18
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601.18. If the party responsible for a failure to comply has defaulted on payment of a monetary administrative penalty, its officers and managers, in the case of a financial services cooperative, or its directors and officers, in any other case, are solidarily liable with that party for the payment of the penalty, unless they establish that they exercised due care and diligence to prevent the failure.
2018, c. 23, s. 332.
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