212. A Québec company shall, each year, prepare a statement of its overdue loans and unproductive investments as at the end of its financial year.
The statement shall be tabled at a meeting of the board of directors and attached to the minutes of the meeting. A copy of the statement must be transmitted to the Inspector General within 60 days of the date of the statement.
The Government, by regulation, shall define the expressions “overdue loan” and “unproductive investment” for the purposes of this section.