C-38 - Companies Act

Section 123.71 Disposition versions

1981-02-16

123.71. Directors who authorize the payment of a dividend in contravention of section 123.70 are solidarily liable for the sums or property involved and not yet recovered.

1979, c. 31, s. 27; 1980, c. 28, s. 14.

1980-01-30

123.71. On the date shown in the certificate of continuance

(1)  that certificate attests the existence of the company and its continuance under this Part;

(2)  this Part applies to the continued company;

(3)  the articles of continuance are deemed to be the articles of the continued company.

1979, c. 31, s. 27.