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I-16.0.1 - Act respecting Investissement Québec

Section 7
Disposition versions

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7. For the purposes of this Act, a legal person or a partnership controlled by the Company is a subsidiary of the Company.
A legal person is controlled by the Company when the Company holds, directly or through legal persons the Company 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 its directors.
A limited partnership is controlled by the Company when the Company or a legal person the Company controls is the general partner of the partnership; any other partnership is controlled by the Company when the Company holds, directly or through legal persons the Company controls, more than 50% of the equity securities.
2010, c. 37, s. 7.
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