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Bank Act

Version of section 959 from 2023-06-22 to 2024-02-06:

Marginal note:Prudential agreement

 The Superintendent may enter into an agreement, called a “prudential agreement”, with a bank holding company for the purposes of implementing any measure designed to protect the interests of depositors, policyholders and creditors of any federal financial institution affiliated with it or establishing adequate policies and procedures to protect the bank holding company against threats to its integrity or security.

  • 2001, c. 9, s. 183
  • 2023, c. 26, s. 571

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