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

S-25.1 - Act respecting the sociétés d’entraide économique

Section 177
Disposition versions

Full text
177. The federation may borrow from a company or with the guarantee of a company in order to acquire or hold shares of a legal person whose object is to provide financial services. A company is authorized to grant a loan to it or security for that purpose.
The company may grant or guarantee a loan only if the company complies or would comply by the fact of such loan to the provisions of Chapter XI of Title II and the regulations, or standards as the case may be, related thereto.
1981, c. 31, s. 177; 1999, c. 40, s. 302.
177. The federation may borrow from a company or with the guarantee of a company in order to acquire or hold shares of a corporation whose object is to provide financial services. A company is authorized to grant a loan to it or security for that purpose.
The company may grant or guarantee a loan only if the company complies or would comply by the fact of such loan to the provisions of Chapter XI of Title II and the regulations, or standards as the case may be, related thereto.
1981, c. 31, s. 177.
© Gouvernement du Québec