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S-28 - Act respecting corporations for the development of Québec business firms
Section 35
Disposition versions
35. The assets of the corporation shall consist of investments for manufacturing purposes in small or medium sized firms in such proportions as may be determined by regulation. Such investments shall be in the form of an acquisition of shares by way of subscription or in the form of unsecured loans for a minimun term of five years, with a reservation allowing the borrower to repay the debt in advance, or in the form of shares.
The corporation may, however, acquire part or all of the shares of another corporation, and that investment is not subject to any restrictions.
The corporation acquiring shares of the other corporation may make full or partial payment of them by means of shares issued by it.
35. The assets of the corporation shall consist of investments for manufacturing purposes in small or medium sized firms in such proportions as may be determined by regulation. Such investments shall be in the form of an acquisition of shares by way of subscription or in the form of unsecured loans for a minimun term of five years, with a reservation allowing the borrower to repay the debt in advance, or in the form of shares.
