Canada Deposit Insurance Corporation Act
Version of section 39.11 from 2016-06-22 to 2024-10-30:
Marginal note:Request of Corporation
39.11 On receipt of a report made by the Superintendent under section 39.1, the Corporation may
(a) after determining that a transaction referred to in section 39.2 is reasonably likely to be expeditiously carried out after the making of the order, request the Minister to recommend that one or more orders be made under subsection 39.13(1); or
(b) in the case of a domestic systemically important bank, request the Minister to recommend that one or more orders be made under subsection 39.13(1) and that an order be made under subsection 39.13(1.3).
- 1992, c. 26, s. 11
- 1996, c. 6, s. 41
- 1999, c. 31, s. 28(F)
- 2016, c. 7, s. 130
- Date modified: