C-38 - Companies Act

Full text
78. (1)  A copy of any trust deed for securing any issue of debentures or other securities of the company shall be forwarded to every holder of any such debenture or other security at his request, on payment in the case of a printed trust deed of the sum of $0.25, or such less sum as may be prescribed by by-law of the company, or, where the trust deed has not been printed, on payment of $0.10 for every 100 words required to be copied.
(2)  If such copy is refused or is not forwarded upon request, the company shall be liable to a fine of not more than $100 for such refusal or neglect, and to a further fine of not more than $10 for every day during which the neglect to forward a copy continues; and every director, manager, secretary or other officer of the company who knowingly authorizes or permits the neglect shall be liable to the like penalty.
R. S. 1964, c. 271, s. 75.