S-31.1 - Business Corporations Act

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375. A notice of a shareholders meeting at which a special resolution that could confer the right to demand a repurchase may be adopted must mention that fact.
The action approved by the resolution is not invalidated solely because of the absence of such a mention in the notice of meeting.
Moreover, if the meeting is called to adopt a resolution described in section 191 or in any of subparagraphs 3 to 7 of the first paragraph of section 372, the corporation notifies the shareholders whose shares do not carry voting rights of the possible adoption of a resolution that could give rise to the right to demand a repurchase of shares.
2009, c. 52, s. 375.