C-38 - Companies Act

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123.64. Directors who authorize a reduction of share capital in contravention of section 123.63 are solidarily liable for the sums or property accounting for the unlawful reduction.
1979, c. 31, s. 27; 1980, c. 28, s. 14.
123.64. This section applies only to companies governed by Part I, excluding those to which another act expressly declares Part I applicable.
1979, c. 31, s. 27.