Marginal note:Shareholder list
772 (1) For each meeting of shareholders of an insurance holding company, the insurance holding company shall prepare a list, which may be in electronic form, of its shareholders entitled to receive notice of a meeting under paragraph 767(1)(a), arranged in alphabetical order and showing the number of shares held by each shareholder.
Marginal note:Time to prepare list
(2) If a record date is fixed under subsection 766(2), the list referred to in subsection (1) shall be prepared not later than ten days after that record date. If no record date is fixed under that subsection, the list shall be prepared
(a) at the close of business on the day before the day on which the notice of the meeting is given; or
(b) if no notice is given, on the day on which the meeting is held.
Marginal note:Effect of list
(3) Except as otherwise provided in this Part, at a meeting to which a list prepared under subsection (1) relates, a person named in the list is entitled to vote the shares shown on the list opposite the person’s name unless
(a) the person has transferred the ownership of any of those shares after the record date fixed under subsection 766(2) or, if no record date is fixed, after the date on which the list was prepared, and
(b) the transferee of those shares
(i) produces properly endorsed share certificates, or
(ii) otherwise establishes that the transferee owns the shares,
and demands, not later than ten days before the meeting or such shorter period before the meeting as the by-laws of the insurance holding company provide, that the transferee’s name be included in the list before the meeting,
in which case the transferee may vote those transferred shares at the meeting.
Marginal note:Examination of list
(4) A shareholder of an insurance holding company may examine the list of shareholders referred to in subsection (1)
(a) during usual business hours at the head office of the insurance holding company or at the place where its central securities register is maintained; and
(b) at the meeting of shareholders for which the list was prepared.
- 2001, c. 9, s. 465
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