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B-1.1, r. 9 - Regulation respecting the professional qualification of contractors and owner-builders
Section 47
Disposition versions
47. A natural person who is the guarantor for a legal person holding a licence and holding 50% of the voting shares of one or more legal persons, and who has not waived the rights attaching to the voting shares may apply for a licence on behalf of those legal persons.
Despite the first paragraph, a natural person who, on 30 June 1992, was a guarantor for more than one legal person as an officer may, for the same licence subclasses, remain the guarantor for those legal persons.
