223.The consideration paid in money for which shares of a regulated business corporation are issued or the sums pooled by the members of a regulated association during the organization of that corporation or association must be deposited with a bank or with a deposit institution authorized under the Deposit Institutions and Deposit Protection Act (chapter I-13.2.2).
2018, c. 23, s. 32018, c. 23, s. 3; 2024, c. 152024, c. 15, s. 451.
223.The consideration paid in money for which shares of a regulated business corporation are issued during its organization must be deposited with a bank or with a deposit institution authorized under the Deposit Institutions and Deposit Protection Act (chapter I-13.2.2).
223.The consideration paid in money for which shares of a regulated business corporation are issued during its organization must be deposited with a bank or with a deposit institution authorized under the Deposit Institutions and Deposit Protection Act (chapter I-13.2.2).