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S-25.1 - Act respecting the sociétés d’entraide économique

Section 103
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103. In no case may a company declare or pay dividends if the total amount of its deposit liabilities exceeds or would as a consequence exceed the ratio of five or the ratio set by the Autorité des marchés financiers pursuant to section 101 or 102, as the case may be.
1981, c. 31, s. 103; 1982, c. 52, s. 246; 2002, c. 45, s. 564; 2004, c. 37, s. 90.
103. In no case may a company declare or pay dividends if the total amount of its deposit liabilities exceeds or would as a consequence exceed the ratio of five or the ratio set by the Agence nationale d’encadrement du secteur financier pursuant to section 101 or 102, as the case may be.
1981, c. 31, s. 103; 1982, c. 52, s. 246; 2002, c. 45, s. 564.
103. In no case may a company declare or pay dividends if the total amount of its deposit liabilities exceeds or would as a consequence exceed the ratio of five or the ratio set by the Inspector General pursuant to section 101 or 102, as the case may be.
1981, c. 31, s. 103; 1982, c. 52, s. 246.
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