C.C.S.M. c. C301
The Credit Unions and Caisses Populaires Act
PART I | ||
INTERPRETATION AND APPLICATION | ||
1 | (1) | Definitions |
(2) | Interpretation | |
(2.1) | Exceptions | |
(3) | Registered common-law relationship | |
2 | (1) | Purpose of credit unions generally |
(2) | Purpose of caisses populaires generally | |
3 | (1) | Application of Act |
(2) | Inconsistent provisions | |
4 | (1) | Objects of existing credit unions |
(2) | Powers of existing credit unions | |
PART II | ||
CREDIT UNIONS INCORPORATION | ||
5 | (1) | Incorporation of a credit union |
(2) | Model forms | |
6 | (1) | Articles of incorporation |
(2) | Additional provisions of articles | |
(3) | Consent of first director | |
(4) | By-laws | |
7 | Filing of articles | |
8 | Certificate of incorporation | |
9 | Effect of certificate | |
10 | (1) | Name of credit union |
(2) | Name of caisse populaire | |
(3) | Name in any language form | |
(4) | Publication of name | |
(5) | Other business names | |
(6) | Prohibited use of credit union designations | |
(7) | Prohibited use of caisse populaire designation | |
(8) | Exception | |
(9) | Registrar may permit use of prohibited name | |
11 | Reservation of name | |
12 | (1) | Prohibited names |
(2) | Name not to be similar to business, etc. | |
(3) | Undertaking not carried out | |
(4) | Directing change of name | |
(5) | Revoking a name | |
(6) | Change of name | |
13 | (1) | Personal liability under pre-incorporation contracts |
(2) | Adoption of pre-incorporation contracts | |
(3) | Application to court | |
(4) | Exemption from personal liability | |
PART III | ||
CAPACITY AND POWERS | ||
14 | (1) | Capacity of a credit union |
(2) | Extra-territorial capacity | |
15 | (1) | Powers of a credit union |
(2) | Restricted business or powers | |
(3) | Rights preserved | |
16 | (1) | No constructive notice |
(2) | Constructive notice of articles or by-laws | |
17 | Reliance by persons dealing with credit union | |
PART IV | ||
REGISTERED OFFICE AND RECORDS | ||
18 | (1) | Registered office |
(2) | Change of address | |
(3) | Repealed | |
(4) | Annexation or amalgamation of municipalities | |
(5) | Branch offices | |
19 | (1) | Records |
(2) | Exception | |
(3) | Rescind order | |
20 | (1) | Examination of records by members and creditors |
(2) | Members register | |
(3) | Shareholders register | |
(4) | Affidavit | |
(4.1) | Refusing access to register | |
(4.2) | Unauthorized access to register prohibited | |
(5) | Offence and penalty | |
(6) | Examining members register at a meeting | |
(7) | Directors' right to examine records | |
(8) | Registrar's right to examine records | |
21 | (1) | Form of records |
(2) | Precautions | |
22 | Corporate seal | |
PART V | ||
CAPITALIZATION AND OPERATING STANDARDS | ||
23 | (1) | Common shares |
(2) | Number of common shares | |
(3) | Common shares per member | |
24 | Transitional | |
25 | (1) | Shares other than common shares |
(2) | Priority | |
(3) | Restriction | |
26 | (1) | No share certificates |
(2) | Repealed | |
27 | (1) | Consideration |
(2) | Promissory note not consideration | |
28 | (1) | Patronage refund |
(1.1) | Member's share of patronage refund | |
(2) | Computation of business done | |
(3) | Members' and associates' rates | |
29 | (1) | Use of patronage refund or dividend to purchase surplus shares |
(2) and (3) | Repealed | |
30 | (1) | Redemption |
(2) | Restriction | |
31 | Dividends on common or surplus shares | |
32 | (1) | Restriction |
(2) | Exception | |
33 | Limitation on holding of shares | |
34 | Repealed | |
35 | (1) | Non voting shares |
(2) | Class vote | |
36 | Limit of liability | |
37 | Remedy preserved | |
38 | Repealed | |
39 | Unclaimed balances | |
40 | (1) | Members right to withdraw deposits |
(2) | Notice of intention to withdraw shares or deposits | |
(3) | Extension of notice period | |
(4) | Exception | |
40.1 | (1) | Tied selling |
(2) | Package offerings | |
41 | (1) | Trust funds |
(2) | Non-application of trust moneys | |
(3) | Payment on death | |
42 | (1) | Loan policies |
(1.1) | Loans | |
(2) | Right to repay | |
43 | Repealed | |
44 | (1) | Lien on deposits and shares |
(2) | Application of deposits and shares | |
(3) | Default | |
45 | Restrictions on overdrafts | |
46 | (1) | Liquidity |
(2) | Liquidity investments | |
(3) | Investments generally | |
47 | Allowance for doubtful accounts | |
48 | (1) | Capital |
(2) | Repealed | |
49 | Matching | |
50 | Insurance | |
51 | (1) | Adjustments |
(2) | Registrar prohibiting deposits or payments | |
PART V.1 | ||
SECURITY ISSUES | ||
51.1 | Application of Securities Act | |
51.1.1 | Application of sections 51.2 to 51.4 | |
51.2 | (1) | Offering statement |
(2) | Material changes | |
(3) | Revised offering statements — voluntary | |
(4) | Revised offering statements — mandatory | |
(5) | Shares must not be sold after material change | |
51.3 | (1) | Issue of receipts |
(2) | Ruling | |
51.3.1 | Exception from application of sections 51.2 and 51.3 | |
51.3.2 | (1) | Registrar may stop issue or sale of shares |
(2) | Notice of order | |
(3) | Opportunity to be heard | |
(4) | Temporary order | |
51.3.3 | (1) | Obligation to provide offering statement |
(2) | Cancellation of sale | |
51.4 | (1) | Inspection of statement |
(2) | Extracts | |
PART V.2 | ||
SHARE CERTIFICATES, MEMBERSHIPS AND TRANSFERS | ||
51.5 | Personal estate | |
51.6 | Allotment of shares | |
51.7 | (1) | Share certificates |
(2) | Signatures | |
(3) | Certificates as evidence of title | |
(4) | Particulars of issue on share certificate | |
(5) | Furnishing text of particulars | |
(6) | Waiver of share certificate | |
51.8 | Transfers of shares or memberships | |
51.9 | (1) | Dealings with registered holder |
(2) | Constructive registered holder | |
(3) | Permissible registered holder | |
(4) | Immunity of credit union | |
(5) | Infants | |
(6) | Joint holders | |
(7) | Transmission of securities | |
(8) | Excepted transmissions | |
(9) | Right of credit union | |
PART VI | ||
MEMBERSHIP | ||
52 | (1) | Members |
(2) | Refusal of membership application | |
(3) | Persons under 18 | |
(4) | Restriction | |
53 | (1) | Common bond |
(2) | Leaving bond of association | |
54 | (1) | Associates |
(2) | Number of associates | |
(3) | Restriction | |
(4) | Rights of associate | |
55 | (1) | Termination of membership |
(2) | Notice to member | |
(3) | Notice of termination | |
(4) | Appeal to meeting of members | |
(4.1) | No right of appeal under subsection (4) | |
(5) | Decision of meeting | |
(6) | Termination by meeting of members | |
(7) and (8) | Repealed | |
(9) | Membership continues | |
(10) | Re-admittance | |
(11) | Non application | |
(12) | ||
55.1 | Suspension of services to member | |
56 | (1) | Withdrawal |
(2) | Terms on withdrawal or termination | |
57 | Remedy preserved | |
58 | (1) | Power to enact by-laws |
(2) | Enactment | |
(3) | Repealed | |
(4) | Effective date of by-laws | |
(4.1) | Copy of by-laws to Registrar | |
(5) | Registrar's order re by-law | |
(6) | Repealed | |
59 | Members bound by articles and by-laws | |
60 | Place of meetings | |
61 | Calling meetings | |
62 | Record date | |
63 | (1) | Notice of meeting |
(2) | Adjournment | |
(3) | Notice of adjourned meeting | |
(4) | Business | |
(5) | Notice of business | |
64 | Waiver of notice | |
65 | (1) | Member proposal |
(2) | Notice of proposal | |
(3) | Supporting statement | |
(4) | Nominations for directors | |
(5) | Non-compliance | |
(6) | Immunity | |
(7) | Notice of refusal | |
(8) | Member application to court | |
(9) | Credit union application to court | |
(10) | Registrar entitled to notice | |
66 | (1) | Quorum |
(2) | Opening quorum sufficient | |
(3) | Adjournment | |
(4) | Non application | |
67 | (1) | Voting eligibility |
(2) | One member one vote | |
68 | (1) | Representatives of corporations |
(2) | Powers of representative | |
69 | (1) | Proxy |
(2) | Limitations on proxies and representation | |
(3) | Non application | |
70 | Joint membership | |
71 | (1) | Voting generally |
(2) | Voting on fundamental changes | |
72 | Executors and administrators | |
73 | (1) | Method of voting |
(2) | Time for demanding ballot | |
74 | (1) | Members calling meetings |
(2) | Form of requisition | |
(3) | Directors calling meeting | |
(4) | Member calling meeting | |
(5) | Procedure | |
(6) | Reimbursement | |
75 | (1) | Meeting called by Registrar |
(2) | Varying quorum | |
PART VII | ||
DIRECTORS AND OFFICERS | ||
76 | (1) | Power to manage |
(2) | Number of directors | |
77 | (1) | Persons who may be directors |
(2) | Persons who may not be directors | |
(3) | Three-quarters of directors must reside in Manitoba | |
(4) | Election or appointment of more non-resident directors void | |
(5) | Vacancy resulting in more non-resident directors | |
78 | (1) | Terms of office of first directors |
(2) | Election of directors | |
(3) | Election of district directors | |
(4) | Staggered terms | |
(5) | No stated terms | |
(6) | Incumbent directors | |
79 | (1) | Ceasing to hold office |
(2) | Effective date of resignation | |
80 | (1) | Removal of directors |
(2) | Vacancy | |
81 | (1) | Statement of director |
(2) | Circulating statement | |
(3) | Immunity | |
82 | (1) | Filling vacancy |
(2) | Quorum may exercise powers | |
(3) | Calling meeting | |
(4) | Members filling vacancy | |
(5) | Ratification | |
83 | (1) | Notice of change of directors |
(2) | Application to court | |
(3) | Effect of notice | |
84 | (1) | Meeting of directors |
(2) | Quorum | |
(3) | Notice of meeting | |
(4) | Waiver of notice | |
(5) | Adjournment | |
(6) | Participation by telephone | |
85 | (1) | Delegation |
(2) | Authority of directors | |
86 | Validity of act of directors and officers | |
87 | (1) | Resolution in lieu of meeting |
(2) | Filing resolution | |
88 | (1) | Liability of directors |
(2) | Directors' and officers' liability for loans or advances | |
(2.1) | Directors' and officers' liability for loans acquired | |
(3) | Contribution | |
(4) | Recovery | |
(5) | Limitations | |
89 | Application of The Employment Standards Code | |
90 | Duty of directors to report | |
91 | (1) | Definition |
(2) | Interest in contracts of relatives | |
(3) | Interest in contracts of others | |
(4) | Officer defined | |
(5) | Exceptions | |
(6) | Disclosure | |
(7) | Time of disclosure for director or officer | |
(8) | Continuing disclosure | |
(9) | Avoidance standards | |
(10) | Approval by members | |
(11) | Application to court | |
(12) | Offence of failing to disclose | |
(13) | Director or officer ceases to hold office on conviction | |
92 | Officers | |
93 | Remuneration | |
94 | (1) | Duty of care of directors and officers |
(2) | Duty to comply | |
(3) | No exculpation | |
(4) | Interpretation | |
95 | (1) | Dissent |
(2) | Loss of right to dissent | |
(3) | Dissent of absent director | |
(4) | Reliance of statements | |
96 | (1) | Indemnification |
(2) | Right to indemnity | |
(3) | Insurance for directors and officers | |
(4) | Application to court | |
(5) | Notice to Registrar | |
(6) | Other notice | |
PART VIII | ||
RETURNS AND FINANCIAL DISCLOSURE | ||
97 | (1) | Annual return |
(2) | Repealed | |
(3) | Other returns | |
(4) | Fees | |
98 | (1) | Annual financial statements |
(1.1) | Availability of financial statements | |
(2) | Directors' and officers' disclosure | |
99 | Condition precedent to issue | |
100 | Request for documents | |
101 | (1) | Submission to Registrar and guarantee corporation |
(2) | Submission to guarantee corporation | |
102 | (1) | Appointment of auditor |
(2) | Annual audit | |
(3) | Disqualification of auditor | |
(4) | Independence | |
(5) | Duty to resign | |
(6) | Disqualification order | |
(7) | Exemption order | |
103 | (1) | Ceasing to hold office |
(2) | Effective date of resignation | |
104 | (1) | Removal of auditor |
(2) | Notice of meeting | |
105 | (1) | Filling vacancy |
(2) | Calling meeting | |
(3) | Members filling vacancy | |
(4) | Unexpired term | |
106 | Court appointed auditor | |
107 | (1) | Right to attend meeting |
(2) | Duty to attend meeting | |
(3) | Notice to credit union | |
(4) | Offence | |
108 | (1) | Statement of auditor |
(2) | Circulating statement | |
(3) | Replacing auditor | |
(4) | Exception | |
(5) | Effect of non-compliance | |
109 | (1) | Report to guarantee corporation |
(2) | Scope of audit | |
110 | (1) | Right to information |
(2) | Information from subsidiaries | |
111 | (1) | Audit committee |
(2) | Repealed | |
(3) | Duties of audit committee | |
(4) | Calling meeting | |
(5) | Notice of errors | |
(6) | Error in financial statements | |
(7) | Duty of directors | |
(8) | Repealed | |
112 | (1) | Duty of auditor to manager and directors |
(2) | Procedure | |
113 | Qualified privilege | |
PART IX | ||
FUNDAMENTAL CHANGES | ||
114 | (1) | Amendment of Articles |
(1.1) | Amending credit union's articles to become a caisse populaire | |
(2) | Clerical errors | |
(3) | Filing articles of amendment | |
(4) | Revocation of amending resolution | |
115 | Articles sent to Registrar | |
116 | (1) | Certificate of amendment |
(2) | Credit union becoming a caisse populaire | |
117 | (1) | Effect of certificate |
(2) | Existing rights preserved | |
118 | (1) | Restated articles |
(2) | Repealed | |
(3) | Restated certificate | |
(4) | Effect of certificate | |
119 | (1) | Amalgamation |
(1.1) | When the amalgamated entity is a caisse populaire | |
(2) | Consent of supervisor | |
120 | Amalgamation agreement | |
121 | (1) | Member approval of amalgamation agreement |
(2) | Notice of meeting | |
(3) | Adoption of agreement | |
(4) | Termination of agreement | |
(5) | Exception from requirement for members' approval | |
122 | (1) | Articles of amalgamation |
(2) | Attached declarations | |
(3) | Exemption from declaration | |
(4) | Adequate notice to creditors | |
123 | Compulsory amalgamation | |
124 | (1) | Certificate of amalgamation |
(1.1) | When the amalgamated entity is a caisse populaire | |
(2) | Effect of certificate of amalgamation | |
124.1 | (1) | Application of this section |
(2) | Amalgamation of caisse populaire and Fédération | |
(3) | Conditions by the Registrar | |
(4) | Articles of amalgamation | |
(5) | Statutory declarations | |
(6) | Certificate of amalgamation | |
(7) | Additional information | |
(8) | Effect of certificate of amalgamation | |
(9) | Repeal | |
125 | (1) | Extraordinary sale, lease or exchange |
(2) | Notice of meeting | |
(3) | Terms and conditions of sale, lease or exchange | |
(4) | Approval of sale, lease or exchange | |
(5) | Termination | |
126 | (1) | Approval of Registrar |
(2) | Declaration | |
(3) | Adequate notice to creditors | |
(4) | Repealed | |
127 | (1) | Right to dissent |
(2) | Objection in writing | |
(2.1) | Objection to Registrar when subsection 121(5) applies | |
(3) | Notice to members and Registrar | |
(3.1) | Application of subsections (3.2) and (3.3) | |
(3.2) | Notice to non-member shareholders | |
(3.3) | Registrar may require notice to be sent | |
(3.4) | Shareholder's right to dissent | |
(4) | Approval of Registrar | |
(5) | Conditions | |
128 | (1) | "Reorganization" defined |
(2) | Power of court | |
(3) | Further powers | |
(4) | Articles of reorganization | |
(5) | Certificate of amendment | |
(6) | Effect of certificate of amendment | |
(7) | No dissent | |
128.1 | (1) | Continuance under this Act |
(2) | Amending articles as part of continuance | |
(3) | Articles of continuance and by-laws must be filed | |
(4) | Issuing certificate of continuance | |
(5) | Effect of certificate of continuance | |
(6) | Notifying body's former jurisdiction | |
(7) | Some effects of continuance | |
128.2 | (1) | Some effects of continuance on shares and shareholders |
(2) | Issued shares | |
(3) | Conversion privilege | |
128.3 | (1) | Continuance under other provincial Acts |
(2) | Section 128.4 applies to continuance under another Act | |
128.4 | (1) | Continuance in another jurisdiction |
(2) | Notifying members | |
(3) | Waiver of notice | |
(4) | Approving continuance by special resolution | |
(5) | Abandoning continuance | |
(6) | Notice to non-member depositors | |
(7) | Certificate of discontinuance | |
(8) | Notice of continuance deemed to be articles | |
(9) | Act ceases to apply when certificate issued | |
(10) | Date of certificate | |
(11) | Restrictions on continuance outside Manitoba | |
129 | Extra-provincial credit unions in Manitoba | |
130 | Extra-provincial Registration | |
PART X | ||
DISSOLUTION, LIQUIDATION AND REVIVAL | ||
131 | (1) | Dissolution before commencing business |
(2) | Dissolution if no property | |
(3) | Dissolution where property disposed of | |
(4) | Shareholders not entitled to vote | |
(5) | Procedure | |
132 | (1) | Proposing liquidation and dissolution |
(2) | Notice of meeting | |
(3) | Members resolution | |
(4) | Shareholders not entitled to vote | |
(5) | Statement of intent to dissolve | |
(6) | Certificate of intent to dissolve | |
(7) | Effect of certificate | |
(8) | Liquidation | |
(9) | Revocation | |
(10) | Certificate of revocation of intent to dissolve | |
(11) | Effect of certificate | |
(12) | Repealed | |
133 | (1) | Articles of dissolution |
(2) | Certificate of dissolution | |
(3) | Effect of certificate | |
134 | (1) | Dissolution by Registrar |
(2) | Publication | |
(3) | Credit union not in operation | |
(4) | Certificate of dissolution | |
135 | (1) | Application to court to liquidate or dissolve |
(2) | Court order | |
(3) | Certificate | |
136 | Custody of records | |
137 | (1) | "Member" defined |
(2) | Continuation of actions | |
(3) | Service | |
(4) | Reimbursement | |
(5) | Representative action | |
138 | (1) | Unknown claimants |
(2) | Constructive satisfaction | |
(3) | Recovery | |
(4) | Execution of documents after dissolution | |
(5) | Validity | |
(6) | Vesting in guarantee corporation | |
139 | (1) | Revival by the Registrar |
(2) | Revival by court | |
140 | (1) | Certificate of revival |
(2) | Rights preserved | |
141 | Return of property on revival | |
PART XI | ||
THE GUARANTEE CORPORATION | ||
142 | Guarantee corporation continued | |
143 | (1) | Purposes of the guarantee corporation generally |
(2) | Enabling satisfaction of withdrawals | |
144 | Powers | |
144.1 | Providing service in French to caisses populaires and their members | |
145 | Board of the guarantee corporation | |
145.1 | Remuneration | |
146 | Repealed | |
147 | (1) | Who may be a member of the board |
(2) | Who may not be a member of the board | |
148 | Term of office | |
149 | Vacancies | |
150 | Ceasing to hold office | |
151 | Power to manage | |
152 | Quorum | |
153 | By-laws | |
154 | Records | |
155 | Fiscal year | |
155.1 | (1) | Annual financial statements |
(2) | Financial statements must include auditor's report | |
155.2 | Disclosure of directors' remuneration and expenses | |
156 | Auditor must be approved by the Registrar | |
157 | (1) | Application of other provisions |
(2) | Interpretation of references to section 98 | |
158 | Guarantee of deposits | |
159 | Repealed | |
160 | (1) | Amount of levies |
(2) | Notice of levy | |
(3) | Extension of time | |
(4) | Special assessment | |
(5) | Only one assessment per year | |
(6) | Time for payment of assessment | |
161 | (1) | Reduction of levy |
(2) | Repealed | |
(3) | Continuation of levies | |
(4) | Restriction on reductions and refunds | |
162 | (1) | Annual report to Registrar and credit unions |
(1.1) | Information to be included in report | |
(2) | Further report to Registrar | |
163 | Advertising | |
163.1 | ||
163.2 | (1) | Amalgamation |
(2) | Amalgamation agreement required | |
(3) | Documents to be sent to the Registrar | |
(4) | Statutory declaration | |
(5) | Certificate of amalgamation | |
(6) | Effect of certificate of amalgamation | |
(7) | Revocation of appointments of former directors | |
(8) | Repeal | |
PART XII | ||
THE CENTRALS | ||
164 | (1) | Application |
(2) | Application to continue | |
(3) | Effect of certificate | |
164.1 | CUCM continued as a body corporate | |
165 | Purposes of the central | |
166 | (1) | Capacity of the central |
(2) | Extra-territorial capacity | |
167 | (1) | Powers of the central |
(2) | Restricted business or powers | |
(3) | Rights preserved | |
168 | Registered office and records | |
169 | (1) | Common shares |
(2) | Shares per member and associate member | |
170 | Shares other than common shares | |
171 | Share certificates | |
172 | Patronage refunds | |
173 | Use of patronage refunds | |
174 | Redemption of shares and payment of dividends | |
175 | Securities | |
176 | Voting rights | |
177 | Financial matters | |
177.1 | Capital of central | |
178 | (1) | Membership in the central |
(2) | Effect of continuance of central | |
179 | (1) | Associate members |
(2) | Rights and privileges of associate members | |
180 | (1) | Establishment of delegate system |
(2) | Scope of powers | |
(3) | Voting by delegates | |
181 | Limit of Liability | |
182 | (1) | Power to make by-laws |
(2) | Enactment | |
(3) | Effective date of charter by-laws | |
(4) | Effective date of ordinary by-laws | |
(5) | Preclearance of charter by-laws | |
(6) | Failure to file on a timely basis | |
183 | Registrar's approval | |
184 | Charter by-laws | |
185 | Members bound by charter by-laws | |
186 | (1) | Number of directors |
(2) | Power to manage | |
187 | (1) | Who may be a director |
(2) | Who may not be a director | |
188 | (1) | Application of other Parts of the Act |
(2) | Non-application of clause 91(3)(f) in some cases | |
189 | Information to guarantee corporation | |
190 | (1) | System credit committee |
(2) | Effect of continuance of central | |
190.1 | (1) | Continuance in another jurisdiction |
(2) | Notifying members | |
(3) | Application of section 64 | |
(4) | Approving continuance by special resolution | |
(5) | Abandoning continuance | |
(6) | Notice to non-member depositors | |
(7) | Certificate of discontinuance | |
(8) | Notice of continuance deemed to be articles | |
(9) | Act ceases to apply when certificate issued | |
(10) | Date of certificate | |
(11) | Restrictions on continuance outside Manitoba | |
PART XIII | ||
REMEDIES, OFFENCES AND PENALTIES | ||
191 | Definitions | |
192 | (1) | Commencing derivative action |
(2) | Notice to Registrar | |
(3) | Conditions precedent | |
193 | Powers of court | |
194 | (1) | Application to court by complainant |
(2) | Grounds | |
(3) | Powers of the court | |
(3.1) | Application of sections 212 to 217 to supervision order | |
(4) | Duty of directors | |
(5) | Exclusion | |
195 | (1) | Evidence of member approval not decisive |
(2) | Court approval to discontinue | |
(3) | No security for costs | |
(4) | Interim costs | |
196 | (1) | Application to court to rectify records |
(2) | Powers of court | |
197 and 198 | Repealed | |
199 | Compliance or restraining order | |
200 | Application for directions | |
201 | Appeal to court of Registrar's decision | |
202 | Questions of law or fact | |
203 | Review by Registrar | |
204 | (1) | Submitting information to Registrar |
(2) | Power of commissioner to Registrar | |
205 | False or inaccurate reports | |
206 | Offence and penalty | |
206.1 | Directors and officers | |
207 | (1) | Order to comply |
(2) | Time limited for proceedings | |
(3) | Civil remedy not affected | |
208 | Suit at instance of Registrar or guarantee corporation | |
PART XIV | ||
SUPERVISION | ||
209 | Supervision of credit union | |
210 | Supervision of central | |
211 | Repealed | |
212 | Supervisor of central | |
213 | Term of supervision | |
214 | (1) | Powers of supervisor |
(2) | Powers of supervisor on liquidation | |
(3) | Duty of supervisor to creditors on liquidation | |
215 | Court direction | |
216 | Accounting to Registrar | |
217 | Discharge | |
218 | (1) | Temporary supervision |
(2) | Report to Registrar | |
(3) | Powers | |
(4) | Action by Registrar | |
PART XV | ||
GENERAL | ||
219 | (1) | Notice to directors and members |
(2) | Deemed receipt | |
(3) | Undelivered notices | |
(4) | Published notices | |
(5) | Posted notices | |
220 | Notice to and service upon a credit union | |
221 | Waiver of notice | |
222 | (1) | Certificate of Registrar |
(2) | Evidence | |
223 | (1) | Certificate of credit union or central |
(2) | Proof | |
(3) | Security certificate | |
224 | Copies | |
225 | (1) | Proof required by Registrar |
(2) | Form of proof | |
(3) | Authentication | |
226 | (1) | Appointment of Registrar |
(2) | Duties | |
227 | (1) | Regulations |
(2) | Repealed | |
(3) | Fees not fixed in regulations | |
(4) | Application of regulations | |
228 | (1) | "Statement" defined |
(2) | Filings | |
(3) | Effective date | |
(4) | Certificates, searches, etc. | |
228.1 | Form and content of documents | |
229 | Alteration | |
230 | (1) | Corrections |
(2) | Date of corrected certificate | |
(3) | Notices | |
231 | (1) | Inspection |
(2) | Copies | |
232 | (1) | Form of records of Registrar |
(2) | Obligation to furnish | |
(3) | Production of records limitation | |
233 | (1) | Continuation of former incorporations, etc. |
(2) | Saving clause re by-laws, etc. | |
(3) | Repealed | |
(4) | Two years to comply | |
(5) | Amendments | |
(6) | Reference to Act | |
234 | Reference in Continuing Consolidation | |
235 | Repeal of former Act | |
236 | Repeal of CCSM | |
237 | Repeal of Fédération | |
238 | Commencement of Act |