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S-29.01 - Act respecting trust companies and savings companies

Section 250
Disposition versions

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250. A company whose licence has been suspended or cancelled shall no longer carry on business in Québec except to wind up its business. However, the suspension or cancellation of a licence does not affect the obligations of the company.
1987, c. 95, s. 250; 2008, c. 7, s. 123.
250. A company whose licence has been suspended or cancelled or has not been renewed shall no longer carry on business in Québec except to wind up its business. However, the suspension, cancellation or non-renewal of a licence does not affect the obligations of the company.
1987, c. 95, s. 250.
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