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S-28 - Act respecting corporations for the development of Québec business firms

Section 43
Disposition versions

Full text
43. A corporation may apply to the Inspector General of Financial Institutions for supplementary letters patent so as to be governed thereafter by Part I of the Companies Act (chapter C-38).
Such application must have the prior approval of a two-thirds majority of the persons representing at least two-thirds of the shareholders and of the issued shares of the corporation, attending a special general meeting of the shareholders called for that purpose.
The application shall be accompanied with a by-law setting out, where such is the case, the new objects of the corporation; any amendment that may be granted by supplementary letters patent to a company governed by Part I of the Companies Act may also be requested therein.
The by-law must also propose a new name, which shall not use the sigla “SODEQ” or the words “Corporation for the development of Québec business firms”.
1976, c. 33, s. 43; 1981, c. 9, s. 24; 1982, c. 52, s. 251.
43. A corporation may apply to the Minister of Financial Institutions and Cooperatives for supplementary letters patent so as to be governed thereafter by Part I of the Companies Act.
Such application must have the prior approval of a two-thirds majority of the persons representing at least two-thirds of the shareholders and of the issued shares of the corporation, attending a special general meeting of the shareholders called for that purpose.
The application shall be accompanied with a by-law setting out, where such is the case, the new objects of the corporation; any amendment that may be granted by supplementary letters patent to a company governed by Part I of the Companies Act may also be requested therein.
The by-law must also propose a new name, which shall not use the sigla “SODEQ” or the words “Corporation for the development of Québec business firms”.
1976, c. 33, s. 43; 1981, c. 9, s. 24.
43. A corporation may apply to the Minister of Consumer Affairs, Cooperatives and Financial Institutions for supplementary letters patent so as to be governed thereafter by Part I of the Companies Act.
Such application must have the prior approval of a two-thirds majority of the persons representing at least two-thirds of the shareholders and of the issued shares of the corporation, attending a special general meeting of the shareholders called for that purpose.
The application shall be accompanied with a by-law setting out, where such is the case, the new objects of the corporation; any amendment that may be granted by supplementary letters patent to a company governed by Part I of the Companies Act may also be requested therein.
The by-law must also propose a new name, which shall not use the sigla “SODEQ” or the words “Corporation for the development of Québec business firms”.
1976, c. 33, s. 43.
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