Ministère de l'Emploi et de la Solidarité sociale
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F-3.2.1 - Act to establish the Fonds de solidarité des travailleurs du Québec (F.T.Q.)

Section 21
Disposition versions

Full text
21. A person is considered to be a major shareholder in the Fund if he directly or indirectly holds more than 10% of the issued and paid-up capital stock.
A person is considered to have a major interest in an enterprise if he holds more than 10% of the stocks or shares of the enterprise.
A person is deemed to control an enterprise if he holds securities enabling him under all circumstances to elect a majority of its directors.
1983, c. 58, s. 21; 2007, c. 12, s. 19.
21. A person is considered to be a major shareholder in the Fund if he directly or indirectly holds more than 10% of the issued and paid-up capital stock.
A person is considered to have a major interest in an undertaking if he holds more than 10% of the stocks or shares of the undertaking.
A person is deemed to control an undertaking if he holds securities enabling him under all circumstances to elect a majority of its directors.
1983, c. 58, s. 21.
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