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Bank Act

Version of section 376.2 from 2007-04-20 to 2012-05-23:


Marginal note:Prohibition against significant interest

 No person who has a significant interest in any class of shares of a bank may have a significant interest in any class of shares of any widely held bank with equity of eight billion dollars or more, or of any widely held bank holding company with equity of eight billion dollars or more, that controls the bank.

  • 2001, c. 9, s. 98
  • 2007, c. 6, s. 132

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