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Versions of s. 146(2)

B-1.01 — Bank Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2012-12-19 to present available View Source
    If a quorum is present at the opening of a meeting of shareholders, the shareholders present may, unlessUnless the by-laws otherwise provide, proceeda withquorum of members is present at a meeting of members of a federal credit union if at least 500 members who are entitled to vote at the businessmeeting, or one per cent of the total number of members entitled to vote at the meeting, notwithstandingwhichever thatis the lesser, are present in person or represented by a quorumpersonal isrepresentative notor present throughout the meeting.delegate.
    Full text

    Unless the by-laws otherwise provide, a quorum of members is present at a meeting of members of a federal credit union if at least 500 members who are entitled to vote at the meeting, or one per cent of the total number of members entitled to vote at the meeting, whichever is the lesser, are present in person or represented by a personal representative or delegate.

  2. 2003-01-01 to 2012-12-19 View Source

    If a quorum is present at the opening of a meeting of shareholders, the shareholders present may, unless the by-laws otherwise provide, proceed with the business of the meeting, notwithstanding that a quorum is not present throughout the meeting.