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

Section 124 Disposition versions

1982-03-01

124. A company must maintain sufficient liquid assets at all times.

The following are liquid assets for the purposes of the first paragraph:

(1)  cash on hand;

(2)  term deposits of less than 93 days;

Not in force

(3)  deposits with the federation other than those it must maintain pursuant to section 126;

(4)  evidences of indebtedness issued by the Gouvernement du Québec or the Government of Canada maturing in 185 days or less; and

(5)  such other assets as are determined by regulation.

1981, c. 31, s. 124.