379. The repurchase price of all shares of the same class or series must be the same, regardless of the shareholder holding them.
However, in the case of a shareholder holding non-fully paid shares, the corporation must subtract the unpaid portion of the shares from the repurchase price offered or, if it cannot pay the full repurchase price offered, the maximum amount that it can legally pay for those shares.
The repurchase notice must mention the subtraction and show the amount that can be paid to the shareholder.
2009, c. 52, s. 379; 2010, c. 40, s. 83.