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C-38 - Companies Act

Section 123.123
Disposition versions

Full text
123.123. An agreement must also provide that any share of one of the amalgamating companies that is the property of another amalgamating company is cancelled at the time of the amalgamation without reimbursement of the capital represented by the share. No such share may be converted into a share of the company resulting from the amalgamation.
1980, c. 28, s. 14.
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