S-14.2 - Act respecting the Société du Parc des expositions agro-alimentaires

Section 22 Disposition versions

1985-07-10

22. In no case may the company, except with the authorization of the Government,

(1)  acquire, alienate, assign by lease or otherwise or give as security immovable property;

(2)  acquire or hold stocks or shares of another legal person or a partnership, alone or jointly with another person;

(3)  make a contract for a term of more than three years, except a service contract for an exhibition or some other informational activity;

(4)  contract any loan that increases its total outstanding borrowings to more than the amount determined by the Government.

1985, c. 13, s. 22.