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Canada Deposit Insurance Corporation Deposit Insurance Information By-law

Version of section 9.1 from 2018-09-30 to 2020-04-29:

  •  (1) If a member institution elects to affix a warning statement to any document relating to a deposit that is not eligible to be insured by the Corporation, the warning shall be in substantially the same words as the following:

    “Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.”

  • (2) If a member institution elects to affix a warning statement to any document evidencing that the member institution has received or is holding money that does not constitute a deposit that is eligible to be insured by the Corporation, the statement shall be in substantially the same words as one set out in one of paragraphs 9(1)(a) to (c).

  • SOR/99-385, s. 6
  • SOR/99-465, s. 1(F)
  • SOR/2006-334, s. 10
  • SOR/2017-215, s. 9

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