260. A business corporation governed by the Business Corporations Act (chapter S-31.1) may be converted into a cooperative in order for it to continue under this Act. The request is made by means of an application for continuance addressed to the Minister.
The continuance becomes effective on the date the articles of continuance are approved by the Minister or on a later date determined in the articles.
1982, c. 26, s. 260; 2003, c. 18, s. 149; 2009, c. 52, s. 579; 2015, c. 3, s. 47.