S-11 - Act respecting the Société de développement immobilier du Québec

Section 18 Disposition versions

1981-02-13

18. For the purposes of the first paragraph of section 17, the Corporation may, with the prior approval of the Government,

(a)  acquire and hold shares of the capital stock or other securities of Place Desjardins Inc.;

(b)  transfer said shares or other securities to the Caisse de dépôt et placement du Québec or to any public corporation or public body;

(c)  associate with any public corporation or public body or any body of the Mouvement Desjardins for the attainment of the objects set forth in the first paragraph of section 17;

(d)  guarantee the completion of the construction and development works of Place Desjardins;

(e)  advance to Place Desjardins Inc. any amount considered necessary, at such rate of interest, for such time and on such other conditions as the Corporation deems appropriate;

(f)  give any other guarantees or undertakings in respect of said works or their financing or resulting therefrom; and

(g)  for purposes of the foregoing paragraphs, make such agreements as the Corporation deems appropriate.

1971, c. 43, s. 18; 1973, c. 70, s. 1; 1974, c. 55, s. 1; 1977, c. 5, s. 14; 1980, c. 37, s. 3.

1977-12-31

18. For such purpose, the Corporation may, with the prior approval of the Government:

(a)  acquire and hold shares of the capital stock or other securities of Place Desjardins Inc.;

(b)  transfer said shares or other securities to the Caisse de dépôt et placement du Québec or to any public corporation or public body;

(c)  associate with any public corporation or public body or any body of the Mouvement coopératif Desjardins for the attainment of its objects;

(d)  guarantee the completion of the construction and development works of Place Desjardins;

(e)  advance to Place Desjardins Inc. any amount considered necessary, at such rate of interest, for such time and on such other conditions as the Corporation deems appropriate;

(f)  give any other guarantees or undertakings in respect of said works or their financing or resulting therefrom; and

(g)  for purposes of the foregoing paragraphs, make such agreements as the Corporation deems appropriate.

1971, c. 43, s. 18; 1973, c. 70, s. 1; 1974, c. 55, s. 1; 1977, c. 5, s. 14.