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V-1.1 - Securities Act

Section 275
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275. If the party responsible for a failure to comply has defaulted on payment of a monetary administrative penalty, its directors and officers are solidarily liable with that party for the payment of the penalty, unless they establish that they exercised due care and diligence to prevent the failure.
1982, c. 48, s. 275; 1997, c. 36, s. 1; 2024, c. 15, s. 74.
275. (Repealed).
1982, c. 48, s. 275; 1997, c. 36, s. 1.
275. The Commission may recommend to the Minister of Finance that a refund be made of all or part of any fees collected.
1982, c. 48, s. 275.
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