V-1.1 - Securities Act

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236. However, the prescriptive periods under section 235 are subordinate to the following limitations:
(1)  five years from the transaction, in the case of actions for damages provided for in sections 214, 215, 226, 227 and 228;
(2)  five years from the filing of the information document with the Authority, in the case of actions under sections 218, 219, 221, 223 and 225;
(3)  six months from the publication of the press release announcing that authorization has been granted by the court to bring an action under Division II of Chapter II or comparable provisions of extra-provincial securities laws within the meaning of section 305.1 regarding the same misrepresentation or failure to make timely disclosure, in the case of actions under that division.
1982, c. 48, s. 236; 1990, c. 77, s. 37; 2002, c. 45, s. 638; 2004, c. 37, s. 90; 2007, c. 15, s. 13.
236. However, the prescriptive periods under section 235 are subordinate to the following limitations:
(1)  five years from the transaction, in the case of actions for damages provided for in sections 214, 215, 226, 227 and 228;
(2)  five years from the filing of the information document with the Authority, in the case of actions under sections 218, 219, 221, 223 and 225.
1982, c. 48, s. 236; 1990, c. 77, s. 37; 2002, c. 45, s. 638; 2004, c. 37, s. 90.
236. However, the prescriptive periods under section 235 are subordinate to the following limitations:
(1)  five years from the transaction, in the case of actions for damages provided for in sections 214, 215, 226, 227 and 228;
(2)  five years from the filing of the information document with the Agency, in the case of actions under sections 218, 219, 221, 223 and 225.
1982, c. 48, s. 236; 1990, c. 77, s. 37; 2002, c. 45, s. 638.
236. However, the prescriptive periods under section 235 are subordinate to the following limitations:
(1)  three years from the transaction, in the case of actions for damages provided for in sections 214, 215, 226, 227 and 228;
(2)  three years from the filing of the information document with the Commission, in the case of actions under sections 218, 219, 221, 223 and 225.
1982, c. 48, s. 236; 1990, c. 77, s. 37.
236. However, the prescriptive periods under section 235 are subordinate to the following limitations:
(1)  three years from the transaction, in the case of actions under the second paragraph of sections 214 and 215 and under sections 226, 227 and 228;
(2)  three years from the filing of the information document with the Commission, in the case of actions under sections 218, 219, 221, 223 and 225.
1982, c. 48, s. 236.