S-29.02 - Trust Companies and Savings Companies Act

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69. Despite section 68, an authorized Québec trust company may acquire and hold up to all the contributed capital securities issued by a legal person or a partnership, up to all the participations in a trust or a share of a right of ownership in cases where the company will be the holder of control of the person, partnership, trust or property after the acquisition and in the cases determined by government regulation.
2018, c. 232018, c. 23, s. 395.
In force: 2019-06-13
69. Despite section 68, an authorized Québec trust company may acquire and hold up to all the contributed capital securities issued by a legal person or a partnership, up to all the participations in a trust or a share of a right of ownership in cases where the company will be the holder of control of the person, partnership, trust or property after the acquisition and in the cases determined by government regulation.
2018, c. 232018, c. 23, s. 395.