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R-22 - Companies Information Act

Section 3
Disposition versions

Full text
3. Upon failure to file any such prospectus for a period of more than thirty days after it should have been filed under section 2, each director and officer of the company, and each promoter and officer of the syndicate, and every person acting as a representative in Québec of an extra-provincial company or syndicate, shall be liable to a fine of $50 for each day of such default.
R. S. 1964, c. 273, s. 3; 1986, c. 58, s. 101; 1990, c. 4, s. 790; 1991, c. 33, s. 130.
3. Upon failure to file any such prospectus for a period of more than thirty days after it should have been filed under section 2, each director and officer of the company, and each promoter and officer of the syndicate, and every person acting as a representative in Québec of an extra-provincial company or syndicate, shall be liable to a fine of $25 for each day of such default.
R. S. 1964, c. 273, s. 3; 1986, c. 58, s. 101; 1990, c. 4, s. 790.
3. Upon failure to file any such prospectus for a period of more than thirty days after it should have been filed under section 2, each director and officer of the company, and each promoter and officer of the syndicate, and every person acting as a representative in Québec of an extra-provincial company or syndicate, shall, in addition to the costs, be liable to a fine of $25 for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months.
R. S. 1964, c. 273, s. 3; 1986, c. 58, s. 101.
3. Upon failure to file any such prospectus for a period of more than thirty days after it should have been filed under section 2, each director and officer of the company, and each promoter and officer of the syndicate, and every person acting as a representative in Québec of an extra-provincial company or syndicate, shall, in addition to the costs, be liable to a fine of $20 for each day of such default and, failing payment of such fine and costs, to imprisonment for a term not exceeding three months.
R. S. 1964, c. 273, s. 3.
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