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S-31.1 - Business Corporations Act

Section 52
Disposition versions

Full text
52. Unless otherwise provided in the by-laws or in a unanimous shareholder agreement and subject to section 55, shares may be issued at the times, to the persons and for the consideration the board of directors determines.
Par value shares may not be issued for a consideration less than their par value.
2009, c. 52, s. 52; 2010, c. 40, s. 63.
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