Acts and Regulations

B-9.1 - Business Corporations Act

Section 34
Disposition versions

Full text
Share of a corporation as a gift
2023, c.2, s.155
34A corporation may accept from any shareholder a share of the corporation surrendered to it as a gift but may not extinguish or reduce a liability in respect of an amount unpaid on any such share except in accordance with section 35.
2023, c.2, s.27; 2023, c.2, s.155
Share of a corporation as a gift
34A corporation may accept from any shareholder a share of the corporation surrendered to it as a gift.