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S-31.1 - Business Corporations Act

Section 384
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384. If a corporation does not follow up on a shareholder’s contestation within 30 days after receiving a notice of contestation, the shareholder may ask the court to determine the increase in the repurchase price. The same applies when a shareholder contests the increase in the repurchase price offered by the corporation.
The shareholder must, however, make the application within 90 days after receiving the repurchase notice.
2009, c. 52, s. 384.
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