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C-38 - Companies Act

Section 47
Disposition versions

Full text
47. If the constituting act makes no other definite provision, the stock of the company, or any increased amount thereof, so far as it is not allotted thereby, shall be allotted at such times and in such manner as the directors, by by-law, may order.
R. S. 1964, c. 271, s. 44; 1979, c. 31, s. 8; 1999, c. 40, s. 70.
47. If the deed of incorporation makes no other definite provision, the stock of the company, or any increased amount thereof, so far as it is not allotted thereby, shall be allotted at such times and in such manner as the directors, by by-law, may order.
R. S. 1964, c. 271, s. 44; 1979, c. 31, s. 8.
47. If the letters patent, or the supplementary letters patent, make no other definite provision, the stock of the company, or any increased amount thereof, so far as it is not allotted thereby, shall be allotted at such times and in such manner as the directors, by by-law, may order.
R. S. 1964, c. 271, s. 44.
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