Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

C-14 - Railway Act

Section 32
Disposition versions

Full text
32. (1)  The directors may, as they deem necessary, make calls upon the shareholders in respect of the amount of capital subscribed or owing by them, and at least thirty days’ notice shall be given of each call.
No call shall exceed the prescribed amount determined in the charter, or be made less than two months after the previous call, nor shall a greater amount be called in, in any one year, than the amount prescribed in the charter.
(2)  All notices of calls upon the shareholders shall be published weekly in the Gazette officielle du Québec, which publication shall be conclusive evidence of the sufficiency of such notice.
R. S. 1964, c. 290, s. 32.
© Gouvernement du Québec