Cooperative Credit Associations Act

Marginal note:Notice of meeting

• 146 (1) Notice of the time and place of a meeting of an association’s members or shareholders shall be sent within the prescribed period to

  • (a) each member;

  • (b) each shareholder entitled to vote at the meeting;

  • (c) each director;

  • (d) the auditor of the association; and

  • (e) the Superintendent.

• Marginal note:Exception

  (1.1) In the case of an association that is not a distributing association, notice may be sent within any shorter period specified in its by-laws.

• Marginal note:Publication in newspaper

  (2) In addition to the notice required under subsection (1), where any class of shares of an association is publicly traded on a recognized stock exchange in Canada, notice of the time and place of a meeting of shareholders shall be published once a week for at least four consecutive weeks before the date of the meeting in a newspaper in general circulation in the place where the head office of the association is situated and in each place in Canada where the association has a transfer agent or where a transfer of the association’s shares may be recorded.