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S-16.011 - Act respecting the Société du Plan Nord
Section 63
Disposition versions
63. If the book value of property transferred to the Company does not amount to a multiple of 1,000, the Company issues a fractional share so that the value of the shares issued as a result of the transfer of property corresponds to the value of that property.
The same applies if the indemnity paid to an expropriated party and the other charges payable in connection with the expropriation do not amount to a multiple of 1,000.
