S-19 - Act respecting the Société québécoise d’exploration minière

Full text
21.2. (Repealed).
1988, c. 78, s. 3; 1994, c. 45, s. 6.
21.2. Within 30 days after the request is made pursuant to section 21.1, the auditor of the company shall inform the latter and the Minister of Finance if, in his opinion, there are reasonable grounds to believe that the company could not discharge its liabilities when due, owing to the reduction of its capital stock effected under section 21.1.
If the auditor is of the opinion that there are no reasonable grounds to believe that the company could not discharge its liabilities when due, the Minister of Finance shall cause to be published in the Gazette officielle du Québec a notice of receipt of the opinion, of the reduction of the capital stock to be effected and of the repayment of capital to be made.
1988, c. 78, s. 3.