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C-6.1 - Act constituting Capital régional et coopératif Desjardins

Section 22
Disposition versions

Full text
22. Where the Société makes an investment in the form of a guarantee or security, it shall establish and maintain for the term of the guarantee or security a reserve equivalent to not less than 50% of the amount of the guarantee or security.
The Société may invest the money deposited in the reserve in the manner provided in paragraphs 2, 3, 4, 5 and 10 of article 1339 of the Civil Code.
2001, c. 36, s. 22.
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