C-38 - Companies Act

Full text
123.72. The affairs of a company shall be managed by a board of one or more directors.
However, the affairs of a company that has made a distribution to the public of its securities shall be managed by a board of not fewer than three directors.
1979, c. 31, s. 27; 1980, c. 28, s. 14.
123.72. The rights, obligations and deeds of the company, and those of the shareholders, are not affected by the continuance.
1979, c. 31, s. 27.