C-4.1 - Savings and Credit Unions Act

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63. From the date of amalgamation, the amalgamating credit unions are continued as one and the same credit union.
The amalgamated credit unions shall acquire all the rights and assume all the obligations of each of the amalgamating credit unions. Proceedings pending by or against the amalgamating credit unions may be continued without continuance of suit.
1988, c. 64, s. 63.