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S-29.01 - Act respecting trust companies and savings companies
Section 249
Disposition versions
249. The licence of any company ceases to have effect where
(1) its instrument of incorporation is repealed or cancelled or expires, as the case may be;
(2) a resolution ordering its winding-up has been adopted;
(3) a winding-up order has been made against it.
249. The licence of any company becomes null of right where
(1) its instrument of incorporation is repealed or cancelled or expires, as the case may be;
(2) a resolution ordering its winding-up has been adopted;
(3) a winding-up order has been made against it.
