Acts and Regulations

C-13 - Companies Act

Section 141
Disposition versions

Full text
Share capital
141(1)A company incorporated under this Part has no shares; but each person insured under a policy issued by the company is a member thereof.
141(2)A company shall have not less than fifty members insured under policies issued by it for sums amounting in the aggregate to not less than one hundred thousand dollars.
R.S., c.33, s.139
Share capital
141(1)A company incorporated under this Part has no shares; but each person insured under a policy issued by the company is a member thereof.
141(2)A company shall have not less than fifty members insured under policies issued by it for sums amounting in the aggregate to not less than one hundred thousand dollars.
R.S., c.33, s.139