S-31.1, r. 2 - Regulation respecting shareholder proposals

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2. The period referred to in the first paragraph of section 195 of the Business Corporations Act (chapter S-31.1) is 6 months before the day on which the proposal is submitted; the number and value of the outstanding shares referred to in that paragraph are 1% and $2,000, respectively.
The shares are appraised at their fair market value.
O.C. 909-2010, s. 2.