33. The distribution of a security must be completed within 12 months from the date of the receipt for the prospectus, except in the cases for which a longer period is provided for by regulation.
However, where the prospectus indicates an earlier date for termination of the distribution, the distribution must be terminated on that date.
1982, c. 48, s. 33; 1990, c. 77, s. 6; 1992, c. 35, s. 1; 2001, c. 38, s. 11.