G-1 - Act respecting the guarantee of certain loans to publishers and booksellers

Section 9 Disposition versions

1977-12-31

9. To benefit by a guarantee as a publisher, a corporation must meet the following requirements:

(a)  it must have been either incorporated under Québec statutes or incorporated, before 1 June 1975, under the statutes of the Parliament of Canada;

(b)  the majority of its directors must be Canadian citizens domiciled in Québec;

(c)  the president, the secretary and the treasurer, or the persons serving in the equivalent capacities of management, must be Canadian citizens domiciled in Québec;

(d)  more than half of the shares of the corporation must be owned by Canadian citizens domiciled in Québec.

1975, c. 15, s. 9.