Acts and Regulations

C-16.05 - Condominium Property Act

Section 24
Disposition versions

Full text
Judgments against a corporation
24(1)A judgment for the payment of money against a corporation is also a judgment against each owner at the time of the judgment for a portion of the judgment determined by the proportions specified in the declaration for sharing the common expenses.
24(2)An owner may be discharged from a judgment by payment to the claimant of a portion of the judgment debt and costs determined by the proportions specified in the declaration for sharing the common expenses, and on the payment being made, the holder of the judgment shall give the owner a discharge in accordance with the regulations.
2012, c.10, s.1
Judgments against a corporation
24(1)A judgment for the payment of money against a corporation is also a judgment against each owner at the time of the judgment for a portion of the judgment determined by the proportions specified in the declaration for sharing the common expenses.
24(2)An owner may be discharged from a judgment by payment to the claimant of a portion of the judgment debt and costs determined by the proportions specified in the declaration for sharing the common expenses, and on the payment being made, the holder of the judgment shall give the owner a discharge in accordance with the regulations.
2012, c.10, s.1
Judgments against a corporation
24(1)A judgment for the payment of money against a corporation is also a judgment against each owner at the time the cause of action arose for a portion of the judgment determined by the proportions specified in the declaration for sharing the common expenses.
24(2)An owner may be discharged from a judgment by payment to the claimant of a portion of the judgment debt and costs determined by the proportions specified in the declaration for sharing the common expenses, and on the payment being made, the holder of the judgment shall give the owner a discharge in accordance with the regulations.
Judgments against a corporation
24(1)A judgment for the payment of money against a corporation is also a judgment against each owner at the time the cause of action arose for a portion of the judgment determined by the proportions specified in the declaration for sharing the common expenses.
24(2)An owner may be discharged from a judgment by payment to the claimant of a portion of the judgment debt and costs determined by the proportions specified in the declaration for sharing the common expenses, and on the payment being made, the holder of the judgment shall give the owner a discharge in accordance with the regulations.