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S-29.01 - Act respecting trust companies and savings companies

Section 195
Disposition versions

Full text
195. A company must, in view of its operations, maintain an adequate level of capital and liquid assets to ensure sound and prudent management.
If the Authority considers it advisable, it may give written directions in that regard. The company shall comply with the directions within the time determined by the Authority.
1987, c. 95, s. 195; 2002, c. 45, s. 611; 2004, c. 37, s. 90; 2008, c. 7, s. 109.
195. A company shall, in relation to its operations, maintain an adequate capital base and adequate liquidities suitable for its needs. It shall comply in that respect with the regulations of the Government and the written directions of the Authority.
The company shall comply with the directions within the time fixed by the Authority.
1987, c. 95, s. 195; 2002, c. 45, s. 611; 2004, c. 37, s. 90.
195. A company shall, in relation to its operations, maintain an adequate capital base and adequate liquidities suitable for its needs. It shall comply in that respect with the regulations of the Government and the written directions of the Agency.
The company shall comply with the directions within the time fixed by the Agency.
1987, c. 95, s. 195; 2002, c. 45, s. 611.
195. A company shall, in relation to its operations, maintain an adequate capital base and adequate liquidities suitable for its needs. It shall comply in that respect with the regulations of the Government and the written directions of the Inspector General.
The company shall comply with the directions within the time fixed by the Inspector General.
1987, c. 95, s. 195.
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