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S-28 - Act respecting corporations for the development of Québec business firms
Section 9
Disposition versions
9. Except where authorized by the Minister, no person is entitled to solicit or accept any subscription to the capital stock of a corporation, or payments pertaining thereto until such corporation has obtained its registration certificate.
Every person who solicits subscriptions to the capital stock of a corporation in formation must hold a certificate issued by at least two of the applicants attesting that he is authorized thereto; a certified copy of such certificate must be forwarded to the Minister.
This section does not have the effect of exempting the soliciting of subscriptions to the capital stock from the relevant provisions of the Securities Act (chapter V-1.1).
9. Except where authorized by the Minister, no person is entitled to solicit or accept any subscription to the capital stock of a corporation, or payments pertaining thereto until such corporation has obtained its registration certificate.
Every person who solicits subscriptions to the capital stock of a corporation in formation must hold a certificate issued by at least two of the applicants attesting that he is authorized thereto; a certified copy of such certificate must be forwarded to the Minister.
This section does not have the effect of exempting the soliciting of subscriptions to the capital stock from the relevant provisions of the Securities Act ( chapter V-1).
