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 |