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S-26 - Act respecting mineral exploration partnerships
Section 7
Disposition versions
7. All shares shall be registered in the names of the respective holders thereof, and it shall not be permitted to issue certificates. Every person becoming a shareholder by subscription shall be entitled, without payment, to a receipt stating the amount of money or value paid for the shares held by him. Such receipt shall be substantially in form 3 of this act and shall be valid only if signed by the chairman of the executive committee and countersigned by another member of such committee.
