C-6.1 - Act constituting Capital régional et coopératif Desjardins

Section 9 Disposition versions

2019-06-19

9. Subject to sections 10 and 19.0.1, the Société is authorized to issue class “A” shares without par value, carrying the rights defined in section 123.40 of the Companies Act (chapter C-38), the right to elect two directors and the right of redemption defined in sections 12 and 14.

The Société is also authorized, subject to sections 10 and 19.0.1, to issue class “A” fractional shares without par value, carrying proportionately the same rights as the shares of that class, except the voting rights attached to such shares.

The shares and fractional shares issued under this section before 19 June 2019 are deemed to be class “A” shares and fractional shares from the day of their issue.

2001, c. 36, s. 9; 2019, c. 14, s. 16.

2001-07-01

9. Subject to section 10, the Société is authorized to issue shares without par value, carrying the rights defined in section 123.40 of the Companies Act (chapter C-38), the right to elect two directors and the right of redemption defined in sections 12 and 14.

The Société is also authorized, subject to section 10, to issue fractional shares without par value, carrying proportionately the same rights as shares, except the voting rights attached to such shares.

2001, c. 36, s. 9.