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P-16 - Act respecting the special powers of legal persons

Section 11
Disposition versions

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11. The directors of any company, other than companies constituted under the Companies Act (chapter C-38), of which the capital stock is divided into shares being a multiple of 100, may pass a by-law declaring that the capital stock of such company shall be divided into shares of $100 each, and, from and after the passing of such by-law, such capital stock shall be divided into shares of $100 each.
R. S. 1964, c. 275, s. 10; 1999, c. 40, s. 214.
11. The directors of any company, other than companies incorporated under the Companies Act (chapter C-38), of which the capital stock is divided into shares being a multiple of 100, may pass a by-law declaring that the capital stock of such company shall be divided into shares of $100 each, and, from and after the passing of such by-law, such capital stock shall be divided into shares of $100 each.
R. S. 1964, c. 275, s. 10.
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