S-29.02 - Trust Companies and Savings Companies Act

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7. Each of the following is the holder of a significant interest in a business corporation:
(1)  the holder of a significant interest in the decisions of the corporation, that is, whoever can exercise 10% or more of the voting rights attached to the shares issued by the corporation; and
(2)  the holder of a significant interest in the corporation’s equity capital, that is, the holder of shares issued by the corporation representing 10% or more of its equity capital.
2018, c. 232018, c. 23, s. 395.
In force: 2019-06-13
7. Each of the following is the holder of a significant interest in a business corporation:
(1)  the holder of a significant interest in the decisions of the corporation, that is, whoever can exercise 10% or more of the voting rights attached to the shares issued by the corporation; and
(2)  the holder of a significant interest in the corporation’s equity capital, that is, the holder of shares issued by the corporation representing 10% or more of its equity capital.
2018, c. 232018, c. 23, s. 395.