Bankruptcy and Insolvency Act (R.S.C., 1985, c. B-3)
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Act current to 2026-05-26 and last amended on 2026-03-26. Previous Versions
Marginal note:Good faith, etc.
247 A receiver shall
(a) act honestly and in good faith; and
(b) deal with the property of the insolvent person or the bankrupt in a commercially reasonable manner.
- 1992, c. 27, s. 89
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