C-44 - Gas, Water and Electricity Companies Act

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30. If any director objects to the declaring or payment of such dividend, and, at any time before the time fixed for the payment thereof, files a written statement of such objection in the office of the secretary of the company, such director shall be exempt from such liability.
R. S. 1964, c. 285, s. 30; 2000, c. 42, s. 147.
30. If any director objects to the declaring or payment of such dividend, and, at any time before the time fixed for the payment thereof, files a written statement of such objection in the office of the secretary of the company, and also in the registry office of the registration division, such director shall be exempt from such liability.
R. S. 1964, c. 285, s. 30.