M-36.1 - Act respecting Mobilité Infra Québec

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11. For the purposes of this Act, a legal person or partnership controlled by Mobilité Infra Québec is a subsidiary of the latter.
A legal person is controlled by Mobilité Infra Québec when the latter holds, directly or through legal persons it controls, more than 50% of the voting rights attached to the equity securities of the legal person or is in a position to elect a majority of the legal person’s directors.
A partnership is controlled by Mobilité Infra Québec when the latter holds, directly or through legal persons it controls, more than 50% of the shares. However, a limited partnership is controlled by Mobilité Infra Québec when the latter or a legal person it controls is the general partner of the partnership.
2024, c. 40, s. 1.