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Bank Act

Version of section 387 from 2012-05-24 to 2024-10-30:


Marginal note:Increase of capital

 If the Superintendent has, by order, directed a bank with equity of two billion dollars or more but less than twelve billion dollars to increase its capital and shares of the bank are issued and acquired in accordance with any terms and conditions that may be specified in the order, section 385 does not apply in respect of the bank until the time that the Superintendent may, by order, specify.

  • 1991, c. 46, s. 387
  • 2001, c. 9, s. 98
  • 2007, c. 6, ss. 132, 133
  • 2012, c. 5, s. 27

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