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S-31.1 - Business Corporations Act

Section 341
Disposition versions

Full text
341. The distribution proposal sets out how the remaining property is to be distributed. The liquidator may, among other things, propose that the remaining property be sold or otherwise alienated and that the proceeds be distributed among the shareholders, or that the remaining property be distributed in kind.
In the proposal, the liquidator specifies the share of the remaining property that each shareholder is to receive, in money or in kind.
2009, c. 52, s. 341.
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