S-22 - Act respecting the Société québécoise d’initiatives pétrolières

Section 3 Disposition versions

1981-04-01

3. The objects of the Company shall be:

(a)  to explore for, produce, store, transport and sell crude hydrocarbons in liquid or gaseous form;

(b)  to participate in the refining of crude hydrocarbons in liquid or gaseous form, in the storage, transport and sale of refined hydrocarbons, and in the development of discoveries of hydrocarbons made by others;

(c)  to negotiate and enter into contracts or agreements for the purchase and resale of crude and refined hydrocarbons in liquid or gaseous form and to import hydrocarbons and cause them to be refined.

To pursue its objects, the Company may, according to law, associate or make agreements with any person or company.

In carrying out its objects, the Company must aim to be profitable.

1969, c. 36, s. 3; 1980, c. 27, s. 1.

1977-12-31

3. The objects of the Company shall be:

(a)  to explore for, produce, store, transport and sell crude hydrocarbons in liquid or gaseous form;

(b)  to participate in the refining of crude hydrocarbons in liquid or gaseous form, in the storage, transport and sale of refined hydrocarbons, and in the development of discoveries of hydrocarbons made by others.

It shall also associate itself with any person, partnership or corporation for such purposes.

1969, c. 36, s. 3.