P-16 - Act respecting the special powers of legal persons

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20. Upon due proof so made the Government may, after having obtained the opinion of the enterprise registrar, confirm the by-law, and a notice to that effect shall be forthwith deposited by the enterprise registrar in the register; and, from the date of deposit, the capital stock of the company shall be increased or reduced to the amount, in the manner and subject to the conditions set forth in such by-law; and the whole of the stock, as so increased or reduced, shall become subject to the provisions of the Act constituting the company as a legal person, in like manner, so far as may be, as though every fraction thereof had formed part of the stock originally subscribed.
R. S. 1964, c. 275, s. 19; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 52, s. 213; 1993, c. 48, s. 435; 1999, c. 40, s. 214; 2002, c. 45, s. 547.
20. Upon due proof so made the Government may, after having obtained the opinion of the Inspector General, confirm the by-law, and a notice to that effect shall be forthwith deposited by the Inspector General in the register; and, from the date of deposit, the capital stock of the company shall be increased or reduced to the amount, in the manner and subject to the conditions set forth in such by-law; and the whole of the stock, as so increased or reduced, shall become subject to the provisions of the Act constituting the company as a legal person, in like manner, so far as may be, as though every fraction thereof had formed part of the stock originally subscribed.
R. S. 1964, c. 275, s. 19; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 52, s. 213; 1993, c. 48, s. 435; 1999, c. 40, s. 214.
20. Upon due proof so made the Government may, after having obtained the opinion of the Inspector General, confirm the by-law, and a notice to that effect shall be forthwith deposited by the Inspector General in the register; and, from the date of deposit, the capital stock of the company shall be increased or reduced to the amount, in the manner and subject to the conditions set forth in such by-law; and the whole of the stock, as so increased or reduced, shall become subject to the provisions of its act of incorporation, in like manner, so far as may be, as though every fraction thereof had formed part of the stock originally subscribed.
R. S. 1964, c. 275, s. 19; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 52, s. 213; 1993, c. 48, s. 435.
20. Upon due proof so made the Government may, after having obtained the opinion of the Inspector General, confirm the by-law, and notice thereof is forthwith given by the Inspector General in the Gazette officielle du Québec; and, from the publication of such notice, the capital stock of the company shall be increased or reduced to the amount, in the manner and subject to the conditions set forth in such by-law; and the whole of the stock, as so increased or reduced, shall become subject to the provisions of its act of incorporation, in like manner (so far as may be) as though every fraction thereof had formed part of the stock originally subscribed.
R. S. 1964, c. 275, s. 19; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1981, c. 9, s. 24; 1982, c. 52, s. 213.
20. Upon due proof so made, the Government may confirm the said by-law, and notice thereof shall be forthwith given by the Minister of Financial Institutions and Cooperatives in the Gazette officielle du Québec; and, from the publication of such notice, the capital stock of the company shall be increased or reduced to the amount, in the manner and subject to the conditions set forth in such by-law; and the whole of the stock, as so increased or reduced, shall become subject to the provisions of its act of incorporation, in like manner (so far as may be) as though every fraction thereof had formed part of the stock originally subscribed.
R. S. 1964, c. 275, s. 19; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11; 1981, c. 9, s. 24.
20. Upon due proof so made, the Government may confirm the said by-law, and notice thereof shall be forthwith given by the Minister of Consumer Affairs, Cooperatives and Financial Institutions in the Gazette officielle du Québec; and, from the publication of such notice, the capital stock of the company shall be increased or reduced to the amount, in the manner and subject to the conditions set forth in such by-law; and the whole of the stock, as so increased or reduced, shall become subject to the provisions of its act of incorporation, in like manner (so far as may be) as though every fraction thereof had formed part of the stock originally subscribed.
R. S. 1964, c. 275, s. 19; 1966-67, c. 72, s. 23; 1975, c. 76, s. 11.