any person to subscribe or purchase the securities issued or offered for sale by the issuer or the seller. “company” 4 means any limited company, public limited company and shall include : (1) public

purchase the securities issued or offered for sale by the issuer or the seller. “company”4 means any limited company, public limited company and shall include : (1) public organization; (2) provincial

be repealed and replaced with the following provisions: “SECTION 37 The provision under Section 1229 of the Civil and Commercial Code which prohibits issuance of debentures by a limited company shall