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D-13.1 - Act respecting hunting and fishing rights in the James Bay and New Québec territories

Section 51.2
Disposition versions

Full text
51.2. In the event of a transfer of part of the interests in a partnership or part of the shares of a legal person, the right of first refusal shall apply and be exercisable in respect of the interests of all the partners or the shares of all the shareholders.
If the interested Native party exercises its right of first refusal, all the partners or shareholders shall transfer their interests or shares to the interested Native party.
1989, c. 40, s. 5; 1999, c. 40, s. 110.
51.2. In the event of a transfer of part of the interests in a partnership or part of the shares of a corporation, the right of first refusal shall apply and be exercisable in respect of the interests of all the partners or the shares of all the shareholders.
If the interested Native party exercises its right of first refusal, all the partners or shareholders shall transfer their interests or shares to the interested Native party.
1989, c. 40, s. 5.
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