Acts and Regulations

C-13 - Companies Act

Section 70
Disposition versions

Full text
Interest on calls on shares
70If a shareholder fails to pay any call due by him, on or before the day appointed for the payment thereof, he is liable to pay interest for the same, at the rate of six per cent per annum from the day appointed for payment to the time of actual payment thereof.
R.S., c.33, s.69
Interest on calls on shares
70If a shareholder fails to pay any call due by him, on or before the day appointed for the payment thereof, he is liable to pay interest for the same, at the rate of six per cent per annum from the day appointed for payment to the time of actual payment thereof.
R.S., c.33, s.69