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The Investors Syndicate Limited Incorporation Act

R.S.M. 1990, c. 77

The Investors Syndicate Limited Incorporation Act

Table of Contents

1 Continuation
2 Definitions
3 Authorized capital
(2) Preferred share conditions etc.
(3) Commissions on subscriptions
4 Investment of capital
5 Purposes, objects, and powers
(2) Ancillary businesses
(3) Restrictions
6 Application of Corporations Act
(2) Application of sec. 167 of Corporations Act
7 Head office
8 Directors' meetings
9 Board of directors
10 Facsimile signatures
11 Filing contracts
(2) Effect of consent
(3) Effect of objection by Commission
12 Reserves
(2) Exceptions
13 Shareholder's liability
14 Special loans
15 Valuation of securities
(2) Idem
(3) Idem
16 Deposit
(2) Idem
(3) Idem
(4) Withdrawal of deposits
(5) Idem
(6) Idem
(7) Idem
(8) Idem
(9) Idem
(10) Idem
(11) General assets
(12) Company insolvent
(13) Deposit as security
(14) Release of deposit
(15) Deduction from deposit
(16) Assets referred to
17 Deposit
18 Quarterly statements
19 Annual statements
(2) Qualification of auditor
(3) Failure to file statements
20 Annual inspection
(2) Production of books and records
(3) Valuation of assets and liabilities
(4) Cost of inspection
(5) Acceptance of report
21 Business of insurance prohibited
(2) Not a loan company
22 Vesting deposits
(2) Claims
(3) Company may deal with assets
(4) Liability under investment contracts
23 Valid transfer
(2) Not necessary to register Act or other instrument