R.S.M. 1990, c. 75
The Interior Trust Company Incorporation Act
1 | Interpretation |
2 | Continuation |
3 | Capital stock |
4 | Objects |
5 | Authorized to accept and execute |
6 | Approval as a trust company |
7 | Revocation of approval |
8 | Company to be subject to further orders |
9 | Rights and privileges of trustees |
10 | Capacity of natural person |
11 | Liability to certain persons |
12 | May hold certain real estate |
13 | May acquire, resell, or re-invest |
14 | Company as agent |
15 | May stipulate for interest |
16 | May amalgamate or takeover |
17 | Directors may borrow |
18 | Directors |
19 | Powers of directors |
20 | President and vice-president |
21 | Statement to be transmitted |
22 | Act of directors saving clause |
23 | Director liable for own deeds and defaults only |
24 | Directors may receive from shareholder any amount |
25 | Application in writing for shares |
26 | Register prima facie evidence |
27 | Documents relating to real estate free from trusts |
28 | Shareholder liable for amount not paid up |
29 | Limit of liability |
30 | One vote for each share |
31 | Subsequent shareholders |
32 | Register of shareholders |
33 | Register of transfers |
34 | Decline to transfer |
35 | Shares in name of two persons |
36 | Calls upon shareholders |
37 | When call deemed to have been made |
38 | Payment of amount of calls |
39 | Shareholder neglects to pay |
40 | Suit for the recovery of arrears |
41 | Head office and agencies |
42 | Service |
43 | Authentication by company |
44 | Service by mailing |
45 | Trust funds not liable |
46 | No personal liability as a shareholder for executor, etc. |
47 | Executors' vote and voting of pledged stock |
48 | Foreign agencies |
49 | Application of general laws |
50 | Corporations Act applies |
51 | No debentures |