Cooperative Credit Associations Act

Marginal note:Application

• 473 (1) On application by a central cooperative credit society, the Superintendent may, by order, apply this Part to the central.

• Marginal note:Contents of application

  (2) The application referred to in subsection (1) shall be filed together with

  • (a) evidence satisfactory to the Superintendent that

    • (i) the applicant is a cooperative credit society, and

    • (ii) the applicant is a member of an association, or if not such a member, the applicant has applied for and will be accepted into membership in an association;

  • (b) a copy of a special resolution of the applicant authorizing the application; and

  • (c) such other information, material and evidence as the Superintendent may require.