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C-6.1 - Act constituting Capital régional et coopératif Desjardins
Section 16
Disposition versions
16. Each shareholder is entitled to receive written confirmation of the number of shares or fractional shares he or she holds and of the amount paid thereon.
The confirmation shall be provided annually to the shareholder free of charge in the form and according to the procedure prescribed by by-law of the Société.
Where a mode of confirmation other than a share certificate is prescribed, the document sent to the shareholder stands in lieu of a certificate issued pursuant to section 53 of the Companies Act (chapter C-38).
Moreover, at the request of the holder of fractional shares, the Société shall exchange the fractional share certificates, or documents standing in lieu thereof, for certificates, or documents standing in lieu thereof, representing the corresponding whole shares.
