Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada

Search

Trust and Loan Companies Act

Version of section 160.04 from 2003-01-01 to 2006-11-27:


Marginal note:Mandatory solicitation

  •  (1) Subject to subsection 143(2) and subsection (2), the management of a company shall, concurrently with giving notice of a meeting of shareholders, send a form of proxy in prescribed form to each shareholder entitled to receive notice of the meeting.

  • Marginal note:Exception

    (2) If a company has fewer than fifteen shareholders, the management of the company is not required to send a form of proxy to the shareholders under subsection (1). For the purpose of this subsection, two or more joint shareholders are counted as one shareholder.

  • 1997, c. 15, s. 348

Date modified: