Acts and Regulations

B-9.1 - Business Corporations Act

Section 18
Disposition versions

Full text
Records
18(1)A corporation shall prepare and maintain, at its registered office or at any other place in New Brunswick designated by the directors, records containing
(a) copies of the articles and the by-laws, and all amendments thereto, and a copy of any unanimous shareholder agreement;
(b) minutes of all meetings and resolutions of shareholders;
(c) copies of all notices required by section 64 or 71;
(d) a securities register complying with section 48; and
(e) the names and addresses of all persons who are or have been directors of the corporation with the several dates at which each became or ceased to be a director.
18(1.1)Despite subsection (1), when the shares of any class or series of a corporation are listed on an exchange as defined in the Securities Act and the articles of the corporation so permit, a corporation may prepare and maintain its securities register at a place within or outside Canada.
18(2)In addition to the records described in subsection (1), a corporation shall prepare and maintain adequate accounting records and records containing minutes of meetings and resolutions of the directors and any committees thereof.
18(3)For the purposes of subsections (1) and (2), where a body corporate is continued under this Act, “records” includes similar records required by law to be maintained by the body corporate before it was so continued.
18(4)The records described in subsection (2) shall be kept at the registered office of the corporation or at such other place as the directors think fit and shall at all reasonable times be open to inspection by the directors.
2023, c.2, s.13; 2023, c.2, s.155
Records
18(1)A corporation shall prepare and maintain, at its registered office or at any other place in New Brunswick designated by the directors, records containing
(a) copies of the articles and the by-laws, and all amendments thereto, and a copy of any unanimous shareholder agreement;
(b) minutes of all meetings and resolutions of shareholders;
(c) copies of all notices required by section 64 or 71;
(d) a share register complying with section 48; and
(e) the names and addresses of all persons who are or have been directors of the corporation with the several dates at which each became or ceased to be a director.
18(2)In addition to the records described in subsection (1), a corporation shall prepare and maintain adequate accounting records and records containing minutes of meetings and resolutions of the directors and any committees thereof.
18(3)For the purposes of subsections (1) and (2), where a body corporate is continued under this Act, “records” includes similar records required by law to be maintained by the body corporate before it was so continued.
18(4)The records described in subsection (2) shall be kept at the registered office of the corporation or at such other place as the directors think fit and shall at all reasonable times be open to inspection by the directors.
Records
18(1)A corporation shall prepare and maintain, at its registered office or at any other place in New Brunswick designated by the directors, records containing
(a) copies of the articles and the by-laws, and all amendments thereto, and a copy of any unanimous shareholder agreement;
(b) minutes of all meetings and resolutions of shareholders;
(c) copies of all notices required by section 64 or 71;
(d) a share register complying with section 48; and
(e) the names and addresses of all persons who are or have been directors of the corporation with the several dates at which each became or ceased to be a director.
18(2)In addition to the records described in subsection (1), a corporation shall prepare and maintain adequate accounting records and records containing minutes of meetings and resolutions of the directors and any committees thereof.
18(3)For the purposes of subsections (1) and (2), where a body corporate is continued under this Act, “records” includes similar records required by law to be maintained by the body corporate before it was so continued.
18(4)The records described in subsection (2) shall be kept at the registered office of the corporation or at such other place as the directors think fit and shall at all reasonable times be open to inspection by the directors.