V-1 - Securities Act

Full text
147. Where the board of directors of an offeree company recommends to offerees acceptance or rejection of a take-over bid made to such offerees, the board shall send or cause to be sent to each offeree, together with its recommendation, a directors’ circular which shall be in the form and contain the information prescribed by the regulations.
1973, c. 67, s. 26.