C-4.1 - Savings and Credit Unions Act

Section 4 Disposition versions

1989-03-15

4. A federation is a cooperative whose objects are, in addition to those of a credit union,

(1)  to protect the interests of the credit unions affiliated with it, foster the attainment of their objects and promote their development;

(2)  to act as control and supervisory body over the credit unions affiliated with it, to the extent provided for in this Act;

(3)  to provide educational, promotional, consultative, technical assistance and other similar services to the credit unions affiliated with it;

(4)  to establish and administer funds in accordance with Chapter VIII of Title III.

1988, c. 64, s. 4.