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S-31.1 - Business Corporations Act

Section 287
Disposition versions

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287. Directors of corporations who voted for or consented to an amalgamation although there were reasonable grounds for believing that the amalgamated corporation would be unable to pay its liabilities as they became due are solidarily liable for the debts of the amalgamated corporation that subsist after discussion of its property.
2009, c. 52, s. 287; 2010, c. 40, s. 79.
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