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S-29.1 - Act respecting Québec business investment companies

Section 15.8
Disposition versions

Full text
15.8. (Repealed).
1986, c. 113, s. 7; 1999, c. 40, s. 305; 1999, c. 83, s. 303.
15.8. The means of financing provided under a stock ownership plan shall be an interest-free loan granted by the qualified legal person, a loan granted by the legal person bearing interest at a rate not exceeding the market rate at the time of the loan or a loan from another person, provided the terms and conditions are negotiated by the qualified legal person.
1986, c. 113, s. 7; 1999, c. 40, s. 305.
15.8. The means of financing provided under a stock ownership plan shall be an interest-free loan granted by the qualified corporation, a loan granted by the corporation bearing interest at a rate not exceeding the market rate at the time of the loan or a loan from another person, provided the terms and conditions are negotiated by the qualified corporation.
1986, c. 113, s. 7.
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