Cooperative Credit Associations Act
Version of section 273 from 2003-01-01 to 2006-11-27:
Marginal note:Receipt for prospectus
273 (1) The Superintendent shall issue a receipt for a prospectus forthwith on its filing with the Superintendent unless, after providing a reasonable opportunity to the person by whom the prospectus was filed to make representations, it appears to the Superintendent that
(a) the prospectus or any document required to be filed therewith
(i) fails to substantially comply with any of the requirements of this Act or the regulations, or
(ii) contains a misrepresentation or any statement, promise, estimate or forecast that is misleading, false or deceptive; or
(b) it would not be in the public interest to issue a receipt for the prospectus.
(2) to (4) [Repealed, 1996, c. 6, s. 54]
- 1991, c. 48, s. 273
- 1996, c. 6, s. 54
- Date modified: