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R-6 - Act respecting the Régie de l’électricité et du gaz

Section 44
Disposition versions

Full text
44. Any allotment or transfer of shares of a gas distributor the effect of which would be to make the number of shares held by the same person or on his behalf greater than fifty per cent of the number of shares held by all the shareholders shall be null unless previously authorized by the Board.
Any change in the capital stock or in the par value of the shares of a gas distributor shall also be null unless previously authorized by the Board.
1970, c. 25, s. 7.
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