Cooperative Credit Associations Act (S.C. 1991, c. 48)

Marginal note:Affiliated entity

37. Despite section 35, an association that is affiliated with another entity may, with the consent of that entity, be incorporated with, or change its name to, substantially the same name as that of the affiliated entity.

Marginal note:English or French form of name

• 38. (1) The name of an association may be set out in its letters patent in an English form, a French form, an English form and a French form or in a combined English and French form, and the association may use and be legally designated by any such form.

• Marginal note:Alternate name

  (2) An association may identify itself outside Canada by its name in any language and the association may use and be legally designated by any such form of its name outside Canada.

• Marginal note:Other name

  (3) Subject to subsection (4) and section 250, an association may carry on business under or identify itself by a name other than its corporate name.

• Marginal note:Directions

  (4) Where an association is carrying on business under or identifying itself by a name other than its corporate name, the Superintendent may, by order, direct the association not to use that other name if the Superintendent is of the opinion that that other name is a name referred to in any of paragraphs 35(1)(a) to (e).

Marginal note:Reserved name

39. The Superintendent may, on request, reserve for ninety days a name for a proposed association or for an association that intends to change its name.

Marginal note:Directing change of name

• 40. (1) If through inadvertence or otherwise an association

  • (a) comes into existence or is continued with a name, or

  • (b) on an application to change its name, is granted a name

  that is prohibited by section 35, the Superintendent may, by order, direct the association to change its name and the association shall comply with that direction.

• Marginal note:Revoking name

  (2) If an association has been directed under subsection (1) to change its name and has not, within sixty days after the service of the direction, changed its name to a name that is not prohibited by this Act, the Superintendent may revoke the name of the association and assign to it a name and, until changed in accordance with section 219 or 221, the name of the association is thereafter the name so assigned.