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Canada Business Corporations Regulations, 2001

Version of section 31 from 2006-03-22 to 2010-03-24:

  •  (1) For the purpose of paragraph 12(1)(a) of the Act, if two or more corporations amalgamate, the name of the amalgamated corporation is prohibited if the name is confusing or is otherwise prohibited.

  • (2) Despite subsection (1), the new corporate name may be the same as the name of one of the amalgamating corporations.

  • (3) For the purpose of paragraph 12(1)(a) of the Act, if an existing corporation has acquired or will, in the immediate future, acquire all or substantially all of the property of an affiliated body corporate, the use by the corporation of the corporate name of the body corporate is prohibited unless

    • (a) the body corporate undertakes in writing to dissolve, or to change its name, before the corporation begins using the corporate name; and

    • (b) the name is not otherwise prohibited.

  • (4) For the purpose of paragraph 12(1)(a) of the Act, if a proposed corporation will, in the immediate future, acquire all or substantially all of the property of a body corporate that is to be an affiliate of the proposed corporation, the use by the proposed corporation of the name of the affiliated body corporate is prohibited unless

    • (a) the body corporate undertakes in writing to dissolve, or to change its name, before the proposed corporation begins using the corporate name; and

    • (b) the name is not otherwise prohibited.

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