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C-67.3 - Act respecting financial services cooperatives

Section 547.20
Disposition versions

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547.20. The passing, by the meeting of the holders of the shares, of the resolution approving the exchange confers on the Federation the right to proceed with the exchange with holders of shares who did not vote against the resolution, and the right to compel holders of shares who voted against the resolution to transfer their shares to the Federation.
The shares are purchased at par value.
2018, c. 23, s. 315.
Not in force
547.20. The passing, by the meeting of the holders of the shares, of the resolution approving the exchange confers on the Federation the right to proceed with the exchange with holders of shares who did not vote against the resolution, and the right to compel holders of shares who voted against the resolution to transfer their shares to the Federation.
The shares are purchased at par value.
2018, c. 23, s. 315.
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