S-31.1 - Business Corporations Act

Section 13 Disposition versions

2011-02-14

13. Third persons may presume

(1)  that a corporation is exercising its powers in accordance with its articles and by-laws and any unanimous shareholder agreement;

(2)  that the documents relating to the corporation that are deposited in the enterprise register contain accurate information;

(3)  that the directors and officers of the corporation validly hold office and lawfully exercise the powers of their office; and

(4)  that the documents of the corporation issued by a director, officer or other mandatary of the corporation are valid.

2009, c. 52, s. 13.