S-31.1 - Business Corporations Act

Section 715 Disposition versions

2011-02-14

715. A company constituted, continued or resulting from an amalgamation under Part I of the Companies Act (chapter C-38) must, before 14 February 2016, send articles of continuance to the enterprise registrar in accordance with this Act. Otherwise, it is dissolved as of that date.

In the case of an insurance company within the meaning of that expression in the Act respecting insurance (chapter A-32) or a trust company or a savings company within the meaning of those expressions in the Act respecting trust companies and savings companies (chapter S-29.01) to which Part I of the Companies Act applies, the articles of continuance must be sent to the enterprise registrar before 14 February 2013. Otherwise, this Act, except Chapter X, Division II of Chapter XII and Chapters XIII, XIV, XVI and XVII, is deemed to apply to the company as of that date, with the necessary modifications and subject to the Act respecting insurance.

Chapter XVIII applies to all companies governed by this section. In addition, sections 123.132 and 123.133 of the Companies Act apply to the continuance of those companies as business corporations.

2009, c. 52, s. 715.