Acts and Regulations

B-9.1 - Business Corporations Act

Full text
Restriction regarding issuance of shares in bearer form
2022, c.16, s.2
27.1(1)Despite sections 28 and 37 and paragraph 113(1)(g), a corporation shall not issue, in bearer form, a certificate, warrant or other evidence of a conversion privilege, option, or right to acquire a share or other security of the corporation.
27.1(2)A corporation shall, on the request of a holder of a certificate, warrant or other evidence of a conversion privilege, option or right to acquire a share or other security of the corporation that is in bearer form and that was issued before the commencement of this section, issue in exchange to that holder, in registered form, a certificate, warrant or other evidence, as the case may be.
2022, c.16, s.2; 2023, c.2, s.155
Restriction regarding issuance of shares in bearer form
2022, c.16, s.2
27.1(1)Despite sections 28 and 37 and paragraph 113(1)(g), a corporation shall not issue, in bearer form, a certificate, warrant or other evidence of a conversion privilege, option, or right to acquire a share or other security of the corporation.
27.1(2)A corporation shall, on the request of a holder of a certificate, warrant or other evidence of a conversion privilege, option or right to acquire a share or other security of the corporation that is in bearer form and that was issued before the commencement of this section, issue in exchange to that holder, in registered form, a certificate, warrant or other evidence, as the case may be.
2022, c.16, s.2