C-2 - Act respecting the Caisse de dépôt et placement du Québec

Section 30 Disposition versions

1992-06-23

30. The Fund may acquire and hold preferred shares of a legal person whose common shares are a qualified investment under section 31.

1965 (1st sess.), c. 23, s. 27; 1970, c. 18, s. 3; 1987, c. 83, s. 1; 1992, c. 22, s. 12.

1987-12-17

30. The Fund may acquire and hold preferred shares of a company whose common shares are a qualified investment under section 31 or 31.1 and, notwithstanding paragraph c of section 27, evidences of indebtedness issued or guaranteed by such a company.

1965 (1st sess.), c. 23, s. 27; 1970, c. 18, s. 3; 1987, c. 83, s. 1.

1977-12-31

30. The Fund may acquire and hold fully paid preferred shares of:

(a)  a company which has as its sole object the acquisition, holding, leasing or administration of immoveables; or

(b)  a company which, during each of the five years preceding the acquisition of such preferred shares, obtained on its common shares a net yield of at least 4% of their book value or paid on its common shares a dividend at least equal to the weighted average of the annual dividend rates specified on its preferred shares.

1965 (1st sess.), c. 23, s. 27; 1970, c. 18, s. 3.