Acts and Regulations

2018, c.3 - Cannabis Management Corporation Act

Section 41
Disposition versions

Full text
Legal proceedings
41(1)On the commencement of this section,
(a) subject to paragraph (b), an existing cause of action or claim by or against 698202 NB Inc./ 698202 N.-B. Inc. is unaffected,
(b) an action, application or other proceeding pending by or against 698202 NB Inc./698202 N.-B. Inc. may be continued by or against the Cannabis Management Corporation, and
(c) a ruling, order or judgment in favour of or against 698202 NB Inc./698202 N.-B. Inc. may be enforced by or against the Cannabis Management Corporation.
41(2)On the commencement of this section, the Cannabis Management Corporation may bring or maintain in its name any action, application or other proceeding or exercise any power, right or remedy that 698202 NB Inc./698202 N.-B. Inc. was, could have been or could have become entitled to bring, maintain or exercise on or before the commencement of this section.