S-31.1 - Business Corporations Act

Section 409 Disposition versions

2011-02-14

409. In connection with an application under section 407, the court may make any order it thinks fit, including

(1)  an order determining any money or other consideration the offeror must pay or transfer to the corporation in addition to the money and other consideration paid or transferred to the corporation under section 403; and

(2)  an order granting each dissenting shareholder interest at a reasonable rate for the period between the date the conditions set out in section 402 are met and the date on which the offeror pays the shareholder.

2009, c. 52, s. 409.