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
I-15.1 - Act respecting market intermediaries
Section 51
Disposition versions
51. Not more than 20 % of the shares of a firm or voting rights attached thereto may be held, directly or indirectly, by financial institutions, financial groups or related legal persons.
A broker may associate with financial institutions, financial groups or related legal persons provided their interest does not exceed 20 %.
The first paragraph shall not, however, prevent a firm from allocating its shares or registering their transfer to give effect to a contract entered into before 21 December 1988.
