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S-29.01 - Act respecting trust companies and savings companies

Section 207
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Full text
207. (Repealed).
1987, c. 95, s. 207; 1999, c. 40, s. 304; 2008, c. 7, s. 115.
207. No Québec company may invest in shares, bonds or other debt securities an amount in excess of 25% of its assets consolidated with the assets of its subsidiaries other than a subsidiary whose business consists in offering shares in an investment portfolio or in dealing in securities.
In computing the amount, no account shall be taken of securities contemplated in paragraphs 2 to 6 of section 203 or securities determined by regulation of the Government.
1987, c. 95, s. 207; 1999, c. 40, s. 304.
207. No Québec company may invest in shares, bonds or debentures an amount in excess of 25 % of its assets consolidated with the assets of its subsidiaries other than a subsidiary whose business consists in offering shares in an investment portfolio or in dealing in securities.
In computing the amount, no account shall be taken of securities contemplated in paragraphs 2 to 6 of section 203 or securities determined by regulation of the Government.
1987, c. 95, s. 207.
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