91(1)A reporting issuer that is not an investment fund or an investment fund that is required to file a financial statement under section 90 shall, in accordance with the regulations, send a copy of the financial statement to every holder of its securities whose last address, as shown on its books, is in New Brunswick.

91(2)Notwithstanding subsection (1), a reporting issuer that is not an investment fund or an investment fund is not required to send a copy of the financial statement to a security holder who holds its evidence of indebtedness only.

91(3)Where the laws of a reporting issuer’s jurisdiction of incorporation, organization or continuance impose requirements substantially similar to the requirements under subsection (1), compliance with the requirements imposed by that jurisdiction shall be deemed to be compliance with the requirements under subsection (1).