Acts and Regulations

N-5.11 - New Brunswick Highway Corporation Act

Full text
Establishment of the Corporation
3(1)There is established a body corporate to be known as the New Brunswick Highway Corporation consisting of those persons who from time to time comprise the board of directors.
3(2)The Corporation is a Crown corporation and is, for all purposes, an agent of the Crown in right of the Province.
3(3)All real and personal property acquired by the Corporation for the purposes of this Act is vested in the Corporation as agent of the Crown in right of the Province and may, in accordance with this Act and the regulations, be dealt with, leased, licensed, sold or otherwise disposed of by the Corporation in its corporate name.
3(4)The Corporation may establish subsidiary corporations to carry out the purposes of this Act.
1997, c.50, s.3; 2023, c.17, s.171
Establishment of the Corporation
3(1)There is established a body corporate to be known as the New Brunswick Highway Corporation consisting of those persons who from time to time comprise the board of directors.
3(2)The Corporation is a Crown corporation and is, for all purposes, an agent of Her Majesty in right of the Province.
3(3)All real and personal property acquired by the Corporation for the purposes of this Act is vested in the Corporation as agent of Her Majesty in right of the Province and may, in accordance with this Act and the regulations, be dealt with, leased, licensed, sold or otherwise disposed of by the Corporation in its corporate name.
3(4)The Corporation may establish subsidiary corporations to carry out the purposes of this Act.
1997, c.50, s.3
Establishment of the Corporation
3(1)There is established a body corporate to be known as the New Brunswick Highway Corporation consisting of those persons who from time to time comprise the board of directors.
3(2)The Corporation is a Crown corporation and is, for all purposes, an agent of Her Majesty in right of the Province.
3(3)All real and personal property acquired by the Corporation for the purposes of this Act is vested in the Corporation as agent of Her Majesty in right of the Province and may, in accordance with this Act and the regulations, be dealt with, leased, licensed, sold or otherwise disposed of by the Corporation in its corporate name.
3(4)The Corporation may establish subsidiary corporations to carry out the purposes of this Act.
1997, c.50, s.3