Acts and Regulations

B-9.1 - Business Corporations Act

Section 99.2
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Significant number of shares
2022, c.16, s.7
99.2For the purposes of this Part, a significant number of shares of a corporation is
(a) any number of shares that carry 25% or more of the voting rights attached to all of the corporation’s outstanding voting shares, or
(b) any number of shares that is equal to 25% or more of all of the corporation’s outstanding voting shares.
2022, c.16, s.7; 2023, c.2, s.155
Significant number of shares
2022, c.16, s.7
99.2For the purposes of this Part, a significant number of shares of a corporation is
(a) any number of shares that carry 25% or more of the voting rights attached to all of the corporation’s outstanding voting shares, or
(b) any number of shares that is equal to 25% or more of all of the corporation’s outstanding voting shares.
2022, c.16, s.7