Cooperative Credit Associations Act

Contents

3,568 provisions, too many to show on one page. Open a part or section to read it with its history and connections, or search inside the text.

1. Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
2. Short Title
   1. 1 Short title
3. Part I · Interpretation and Application
   1. Definitions
   2. Interpretation
   3. Application
4. Part II · Status and Powers
   1. 16 Corporate powers
   2. 17 No invalidity
   3. 18 By-law not necessary
   4. 19 No personal liability
   5. 20 No constructive notice
   6. 21 Authority of directors and officers
   7. 22 Sunset provision
5. Part III · Incorporation, Continuance and Discontinuance
   1. Formalities of Incorporation
   2. Continuance
   3. Discontinuance
   4. Corporate Name
6. Part IV · Membership
   1. Admittance
   2. Withdrawal and Expulsion
   3. Members Register
   4. General Provisions
7. Part V · Organization and Commencement
   1. Organization Meetings
   2. Commencement and Carrying on of Business
8. Part VI · Capital Structure
   1. Share Capital
   2. Subordinated Indebtedness
   3. Security Certificates and Transfers
9. Part VII · Corporate Governance
   1. Members and Shareholders
   2. Proxies
   3. Directors and Officers
   4. Fundamental Changes
   5. Corporate Records
   6. Insiders
   7. Prospectus
   8. Trust Indentures
   9. Financial Statements and Auditors
   10. Remedial Actions
   11. Liquidation and Dissolution
10. Part VIII · Ownership
    1. Division I — Constraints on Ownership
    2. Division II — [Repealed, 1994, c. 47, s. 54]
    3. Division III — Directions
11. Part IX · Business and Powers
    1. General Business
    2. Deposit Acceptance
    3. Unclaimed Balances
    4. Accounts
    5. Registered Products
    6. Borrowing Costs
    7. Complaints
    8. Miscellaneous
12. Part X · Investments
    1. Definitions and Application
    2. General Constraints on Investments
    3. Subsidiaries and Equity Investments
    4. Exceptions and Exclusions
    5. Portfolio Limits
    6. Commercial Loans
    7. Real Property
    8. Equities
    9. Miscellaneous
13. Part XI · Adequacy of Capital and Liquidity
    1. 409 Adequacy of capital and liquidity
14. Part XII · Self-dealing
    1. Interpretation and Application
    2. Prohibited Related Party Transactions
    3. Permitted Related Party Transactions
    4. Restrictions on Permitted Transactions
    5. Disclosure
    6. Remedial Actions
15. Part XIII · Regulation of Associations — Superintendent
    1. Supervision
    2. Remedial Powers
16. Part XIII.1 · Regulation of Retail Associations — Commissioner
    1. 452.1 Required information
    2. 452.2 Confidential information
    3. 452.3 Examination
    4. 452.4 Power of Commissioner on inquiry
    5. 452.5 Compliance agreement
17. Part XIV · Administration
    1. Notices and Other Documents
    2. Approvals
    3. Exceptions to Generally Accepted Accounting Principles
    4. Orders to Exempt or Adapt
    5. Orders and Directives
    6. Applications to Superintendent
    7. Applications for Certain Approvals
    8. Appeals
    9. Regulations
    10. Delegation
18. Part XV · Sanctions
    1. 465 Offence
    2. 466 Punishment
    3. 467 Liability of officers, directors, etc.
    4. 467.1 Limitation period
    5. 468 Effect of offence on contracts
    6. 469 Compliance or restraining order
    7. 470 Appeal of final order
    8. 471 Recovery and application of fines
19. Part XVI · [Repealed, 2014, c. 39, s. 291]
    1. 472 [Repealed, 2014, c. 39, s. 291]
    2. 473 [Repealed, 2014, c. 39, s. 291]
    3. 474 [Repealed, 2014, c. 39, s. 291]
    4. 475 [Repealed, 2014, c. 39, s. 291]
    5. 476 [Repealed, 2014, c. 39, s. 291]
    6. 477 [Repealed, 2014, c. 39, s. 291]
    7. 478 [Repealed, 2014, c. 39, s. 291]
    8. 479 [Repealed, 2014, c. 39, s. 291]
    9. 480 [Repealed, 2014, c. 39, s. 291]
20. Part XVII · Loans to Associations and Deposit Protection Agencies
    1. 481 Definition of Corporation
    2. 482 Loans to associations
    3. 483 Term of loan and conditions
    4. 484 Information to be available to the Corporation
    5. 485 Payments out of C.R.F.
    6. 486 Special account
    7. 487 Operations under this Act to be separate and distinct
21. Part XVII.1 · Documents in Electronic or Other Form
    1. 487.01 Definitions
    2. 487.02 Application
    3. 487.03 Use not mandatory
    4. 487.04 Consent and other requirements
    5. 487.05 Creation or provision of information
    6. 487.06 Creation of information in writing
    7. 487.07 Provision of information in writing
    8. 487.08 Multiple copies
    9. 487.09 Registered mail
    10. 487.1 Statutory declarations and affidavits
    11. 487.11 Signatures
    12. 487.12 Regulations — provision and receipt of documents
    13. 487.13 Content and form of notices and documents
    14. 487.14 Exemption
22. Part XVIII · General Provisions
    1. 488 to 499 [Amendments and repeal]
23. Coming into Force
    1. *500 Coming into force
24. Related provisions