Canada Business Corporations Act
Version of section 99 from 2003-01-01 to 2011-11-28:
Marginal note:Duty of care
99 A receiver or receiver-manager of a corporation appointed under an instrument shall
(a) act honestly and in good faith; and
(b) deal with any property of the corporation in their possession or control in a commercially reasonable manner.
- R.S., 1985, c. C-44, s. 99;
- 2001, c. 14, s. 135(E).
- Date modified: