Acts and Regulations

B-9.1 - Business Corporations Act

Full text
Copy of financial statements to shareholders
103(1)A corporation shall, not less than ten days or such shorter period as may be consented to by a shareholder or such period as may be provided in the articles or in a unanimous shareholder agreement before each annual meeting of shareholders or before the signing of a resolution under section 95 in lieu of the annual meeting, send a copy of the documents referred to in section 100 to each shareholder, except to a shareholder who has informed the corporation in writing that he does not want a copy of these documents.
103(1.1)Despite subsection (1), the requirement in that subsection shall be satisfied when the documents are posted on a website that can be accessed by the shareholder without a fee payment and a notice informing the shareholder is sent to the shareholder that the documents have been posted and explaining how to access them.
103(1.2)A corporation may send the notice informing the shareholder referred to subsection (1.1) to the shareholder by electronic communication if
(a) the shareholder has consented to being sent that notice by electronic communication,
(b) the articles provide for the sending of that notice by electronic communication, or
(c) the corporation is a reporting issuer as defined under the Securities Act.
103(2)Repealed: 2008, c.11, s.4
1984, c.17, s.7; 2008, c.11, s.4; 2023, c.2, s.76; 2023, c.2, s.155
Copy of financial statements to shareholders
103(1)A corporation shall, not less than twenty-one days or such shorter period as may be consented to by a shareholder or such period as may be provided in the articles or in a unanimous shareholder agreement before each annual meeting of shareholders or before the signing of a resolution under section 95 in lieu of the annual meeting, send a copy of the documents referred to in section 100 to each shareholder, except to a shareholder who has informed the corporation in writing that he does not want a copy of these documents.
103(2)Repealed: 2008, c.11, s.4
1984, c.17, s.7; 2008, c.11, s.4
Copy of financial statements to shareholders
103(1)A corporation shall, not less than twenty-one days or such shorter period as may be consented to by a shareholder or such period as may be provided in the articles or in a unanimous shareholder agreement before each annual meeting of shareholders or before the signing of a resolution under section 95 in lieu of the annual meeting, send a copy of the documents referred to in section 100 to each shareholder, except to a shareholder who has informed the corporation in writing that he does not want a copy of these documents.
103(2)Repealed: 2008, c.11, s.4
1984, c.17, s.7; 2008, c.11, s.4
Copy of financial statements to shareholders, offence
103(1)A corporation shall, not less than twenty-one days or such shorter period as may be consented to by a shareholder or such period as may be provided in the articles or in a unanimous shareholder agreement before each annual meeting of shareholders or before the signing of a resolution under section 95 in lieu of the annual meeting, send a copy of the documents referred to in section 100 to each shareholder, except to a shareholder who has informed the corporation in writing that he does not want a copy of these documents.
103(2)A corporation that, without reasonable cause, fails to comply with subsection (1) commits an offence and is liable on summary conviction to a fine not exceeding five thousand dollars.
1984, c.17, s.7