Acts and Regulations

B-9.1 - Business Corporations Act

Section 40
Disposition versions

Full text
Authorization to pay reasonable commission
40The directors of a corporation may authorize the corporation to pay a reasonable commission to any person in consideration of his purchasing or agreeing to purchase shares of the corporation from the corporation or from any other person, or procuring or agreeing to procure purchasers for any such shares.
2023, c.2, s.155
Authorization to pay reasonable commission
40The directors of a corporation may authorize the corporation to pay a reasonable commission to any person in consideration of his purchasing or agreeing to purchase shares of the corporation from the corporation or from any other person, or procuring or agreeing to procure purchasers for any such shares.