16. The Inspector General may in any letters patent issued under this Part to any existing company name the first directors of the new company, and the letters patent may be issued to the new company by the corporate name of the old company or by another name.
R. S. 1964, c. 271, s. 16; 1969, c. 26, s. 33; 1980, c. 28, s. 6; 1982, c. 52, s. 138.