S-29.01 - Act respecting trust companies and savings companies

Full text
345. (Repealed).
1987, c. 95, s. 345; 2002, c. 45, s. 611; 2004, c. 37, s. 90; 2008, c. 7, s. 130.
345. The Authority or, at its request, in its absence or if the Authority is unable to act, any person designated by the Minister may also assume provisional administration of any Québec company or, in the case of an extra-provincial company, take control and possession of its assets in Québec
(1)  if the licence of the company has been cancelled;
(2)  if the licence of the company has been suspended and the causes of the suspension have not been remedied within 30 days of its taking effect;
(3)  if in the opinion of the Authority the company is carrying on any activity without the required licence.
Sections 339 to 344, adapted as required, also apply to the provisional administration or the taking of control prescribed under this section.
1987, c. 95, s. 345; 2002, c. 45, s. 611; 2004, c. 37, s. 90.
345. The Agency or, at its request, in its absence or if the Agency is unable to act, any person designated by the Minister may also assume provisional administration of any Québec company or, in the case of an extra-provincial company, take control and possession of its assets in Québec
(1)  if the licence of the company has been cancelled;
(2)  if the licence of the company has been suspended and the causes of the suspension have not been remedied within 30 days of its taking effect;
(3)  if in the opinion of the Agency the company is carrying on any activity without the required licence.
Sections 339 to 344, adapted as required, also apply to the provisional administration or the taking of control prescribed under this section.
1987, c. 95, s. 345; 2002, c. 45, s. 611.
345. The Inspector General or, at his request, in his absence or if he is unable to act, any person designated by the Minister may also assume provisional administration of any Québec company or, in the case of an extra-provincial company, take control and possession of its assets in Québec
(1)  if the licence of the company has been cancelled;
(2)  if the licence of the company has been suspended and the causes of the suspension have not been remedied within 30 days of its taking effect;
(3)  if in the opinion of the Inspector General the company is carrying on any activity without the required licence.
Sections 339 to 344, adapted as required, also apply to the provisional administration or the taking of control prescribed under this section.
1987, c. 95, s. 345.