Ministère de l'Emploi et de la Solidarité sociale
Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

S-29.01 - Act respecting trust companies and savings companies

Section 321
Disposition versions

Full text
321. Where the Authority is of the opinion that the market value of any other asset of a Québec company or of its subsidiary is less than the book value, the Authority may require the company to cause an appraiser approved by it to appraise that asset or cause it to be appraised itself. Following the appraisal, the Authority may reduce the book value of the company to the value determined by the appraisal or change the book value of the investment of the company in its subsidiary.
1987, c. 95, s. 321; 2002, c. 45, s. 611; 2004, c. 37, s. 90.
321. Where the Agency is of the opinion that the market value of any other asset of a Québec company or of its subsidiary is less than the book value, the Agency may require the company to cause an appraiser approved by it to appraise that asset or cause it to be appraised itself. Following the appraisal, the Agency may reduce the book value of the company to the value determined by the appraisal or change the book value of the investment of the company in its subsidiary.
1987, c. 95, s. 321; 2002, c. 45, s. 611.
321. Where the Inspector General is of the opinion that the market value of any other asset of a Québec company or of its subsidiary is less than the book value, he may require the company to cause an appraiser approved by him to appraise that asset or cause it to be appraised himself. Following the appraisal, the Inspector General may reduce the book value of the company to the value determined by the appraisal or change the book value of the investment of the company in its subsidiary.
1987, c. 95, s. 321.
© Gouvernement du Québec