S-29.01 - Act respecting trust companies and savings companies

Section 48 Disposition versions

1988-06-09

48. A company wishing to be continued must pass a by-law to that effect.

The continuance by-law shall indicate

(1)  the name of the company resulting from the continuance;

(2)  the locality in Québec where the head office of the company resulting from the continuance will be situated;

(3)  the locality in Québec where the main decision-making centre of the company resulting from the continuance will be situated;

(4)  the proposed activities;

(5)  the name, occupation, citizenship and address of each of the first members of the board of directors and the mode of election of subsequent directors;

(6)  the number of shares forming its capital stock, the par value of each share, where such is the case, and the mode of conversion of the capital stock;

(7)  the description of the authorized capital stock of the company resulting from the continuance;

(8)  the name, address, occupation and citizenship of each person who holds 10% or more of the voting rights attached to the shares.

1987, c. 95, s. 48.