S-28 - Act respecting corporations for the development of Québec business firms

Section 20 Disposition versions

1977-12-31

20. Every share certificate must mention that if a certain number of the issued shares are cancelled or fully or partly repaid by supplementary letters patent or its registration certificate is revoked or cancelled, the corporation is bound to pay immediately to the Minister of Revenue a sum corresponding to the whole or part of the tax credit granted the shareholders of the corporation in accordance with section 1163 of the Taxation Act.

1976, c. 33, s. 20.