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-67.3 - Act respecting financial services cooperatives

Section 48
Disposition versions

Full text
48. Shares must be paid for in cash, except shares issued
(1)  as a dividend;
(2)  on the redemption, exchange or conversion of other shares;
(3)  in accordance with the terms of an amalgamation agreement;
(4)  on the conversion of debt obligations.
2000, c. 29, s. 48; 2018, c. 23, s. 52.
48. Shares must be paid for in cash, except shares issued
(1)  as a dividend;
(2)  on the redemption or conversion of other shares;
(3)  in accordance with the terms of an amalgamation agreement.
2000, c. 29, s. 48.
© Gouvernement du Québec