Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

S-28 - Act respecting corporations for the development of Québec business firms

Section 43
Disposition versions

Full text
43. A corporation may apply to the Inspector General of Financial Institutions for supplementary letters patent so as to be governed thereafter by Part I of the Companies Act (chapter C-38).
Such application must have the prior approval of a two-thirds majority of the persons representing at least two-thirds of the shareholders and of the issued shares of the corporation, attending a special general meeting of the shareholders called for that purpose.
The application shall be accompanied with a by-law setting out, where such is the case, the new objects of the corporation; any amendment that may be granted by supplementary letters patent to a company governed by Part I of the Companies Act may also be requested therein.
The by-law must also propose a new name, which shall not use the sigla “SODEQ” or the words “Corporation for the development of Québec business firms”.
1976, c. 33, s. 43; 1981, c. 9, s. 24; 1982, c. 52, s. 251.
43. A corporation may apply to the Minister of Financial Institutions and Cooperatives for supplementary letters patent so as to be governed thereafter by Part I of the Companies Act.
Such application must have the prior approval of a two-thirds majority of the persons representing at least two-thirds of the shareholders and of the issued shares of the corporation, attending a special general meeting of the shareholders called for that purpose.
The application shall be accompanied with a by-law setting out, where such is the case, the new objects of the corporation; any amendment that may be granted by supplementary letters patent to a company governed by Part I of the Companies Act may also be requested therein.
The by-law must also propose a new name, which shall not use the sigla “SODEQ” or the words “Corporation for the development of Québec business firms”.
1976, c. 33, s. 43; 1981, c. 9, s. 24.
43. A corporation may apply to the Minister of Consumer Affairs, Cooperatives and Financial Institutions for supplementary letters patent so as to be governed thereafter by Part I of the Companies Act.
Such application must have the prior approval of a two-thirds majority of the persons representing at least two-thirds of the shareholders and of the issued shares of the corporation, attending a special general meeting of the shareholders called for that purpose.
The application shall be accompanied with a by-law setting out, where such is the case, the new objects of the corporation; any amendment that may be granted by supplementary letters patent to a company governed by Part I of the Companies Act may also be requested therein.
The by-law must also propose a new name, which shall not use the sigla “SODEQ” or the words “Corporation for the development of Québec business firms”.
1976, c. 33, s. 43.
© Gouvernement du Québec