C-38 - Companies Act

Section 123.93 Disposition versions

2009-01-01

123.93. A person who becomes a shareholder while a unanimous agreement of the shareholders is in force is deemed to be a party to the agreement.

However, the person may, within six months after the contract by virtue of which he became a shareholder, have it annulled if, at the time it was entered into, he was not aware of the agreement.

The person is presumed not to have been aware of the unanimous agreement of the shareholders if the share certificates held by him do not mention the existence of such an agreement or, if the shares are uncertificated securities within the meaning of the Act respecting the transfer of securities and the establishment of security entitlements (chapter T-11.002) and the person did not receive notice of such an agreement.

1979, c. 31, s. 27; 1980, c. 28, s. 14; 2008, c. 20, s. 160.

1981-02-16

123.93. A person who becomes a shareholder while a unanimous agreement of the shareholders is in force is deemed to be a party to the agreement.

However, the person may, within six months after the contract by virtue of which he became a shareholder, have it annulled if, at the time it was entered into, he was not aware of the agreement.

The person is presumed not to have been aware of the unanimous agreement of the shareholders if the share certificates held by him do not mention the existence of such an agreement.

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

1980-01-30

123.93. A shareholder holding all the voting shares holds the powers of the general meeting by himself.

1979, c. 31, s. 27.