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C-67.3 - Act respecting financial services cooperatives

Section 440.1
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440.1. The sound and prudent management practices that the financial services cooperatives belonging to a network must adhere to must, in particular and with regard to their financial management, provide for the maintenance of adequate capital to ensure the network’s sustainability.
The management practices that the federation is required to adhere to must, in addition, provide for the maintenance, by the federation, of adequate capital to ensure its own sustainability.
2018, c. 23, s. 266.
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