Acts and Regulations

B-9.1 - Business Corporations Act

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Cessation of directors powers
54If a receiver-manager is appointed by the Court or under an instrument, the powers of the directors of the corporation that the receiver-manager is authorized to exercise may not be exercised by the directors until the receiver-manager is discharged.
1991, c.27, s.5; 2023, c.2, s.155
Cessation of directors powers
54If a receiver-manager is appointed by the Court or under an instrument, the powers of the directors of the corporation that the receiver-manager is authorized to exercise may not be exercised by the directors until the receiver-manager is discharged.
1991, c.27, s.5
Cessation of directors powers
54If a receiver-manager is appointed by the Court or under an instrument, the powers of the directors of the corporation that the receiver-manager is authorized to exercise may not be exercised by the directors until the receiver-manager is discharged.
1991, c.27, s.5