I-13.2.2 - Deposit Institutions and Deposit Protection Act

Français
Texte complet
40.29. As of the date of effect shown on the certificate,
1°  all the legal persons involved in the amalgamation/continuance are continued as one Québec savings company and their patrimonies are joined together to form the patrimony of that savings company; and
2°  the rights and obligations of the legal persons involved in the amalgamation/continuance become rights and obligations of the Québec savings company resulting from the amalgamation/continuance and the latter becomes a party to any judicial or administrative proceeding to which those legal persons were parties.
2018, c. 23, s. 376.