C-4.1 - Savings and Credit Unions Act

Full text
69. Only fully paid shares may be issued. They must be paid for in money, except in the case of
(1)  shares issued as a dividend;
(2)  shares issued on the redemption or conversion of preferred shares;
(3)  shares issued in accordance with the terms of an amalgamation agreement.
1988, c. 64, s. 69.