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Canada
Canada Cooperatives Act
Part 8
Constraints
s 132
(7)

Canada Cooperatives Act

In forceThis text since 1 Jan 2003law://ca/sc/1998/1/sec_132__subsec_7@2026-11-10

Version in force onWhereCanada

Contents

(1) The proceeds of a sale under section 131 are trust moneys…
(2) Handling of trust moneys
(3) Costs of administration
(4) Appointment of trust company
(5) Discharge of cooperative and trust company
(6) Vesting in Crown
(7) Escheats Act applies

Contents

(1) The proceeds of a sale under section 131 are trust moneys…
(2) Handling of trust moneys
(3) Costs of administration
(4) Appointment of trust company
(5) Discharge of cooperative and trust company
(6) Vesting in Crown
(7) Escheats Act applies

(7)Sections 3 to 5 of the Escheats Act apply in respect of a trust fund that vests in Her Majesty in right of Canada under subsection (6).

Federal laws of Canada reproduced under the Reproduction of Federal Law Order (SI/97-5); not the official version. Source: Justice Laws Website.

Key facts

Type: Act · S.C. 1998, c. 1
Enacted: 31 Mar 1998
Last amended: 26 Mar 2026
Text current to: 1 Apr 2026
Official: Justice Laws Website

History · 1 version

1 Jan 2003Reading

Connections

Implemented by 2: Cooperatives Tariff of Fees; Canada Cooperatives Regulations
Cited by 9: Bank Act2 provisions; Insurance Companies Act; Canada Business Corporations Act3 provisions; Marketing Freedom for Grain Farmers Act; An Act to promote the efficiency and adaptability of the Canadian economy by regulating certain activities that discourage reliance on electronic means of carrying out commercial activities, and to amend the Canadian Radio-television and Telecommunications Commission Act, the Competition Act, the Personal Information Protection and Electronic Documents Act and the Telecommunications Act; Canada Not-for-profit Corporations Act2 provisions; Canada Cooperatives Regulations2 provisions; Trust and Loan Companies Act; Cooperative Credit Associations Act2 provisions
Cites 1: Escheats Act

Defined terms · 85

Show every defined term

ca/sc/1998/1