Trust and Loan Companies Act
Version of section 160.04 from 2022-06-23 to 2024-10-30:
Marginal note:Mandatory solicitation
160.04 (1) Subject to subsections (2) and 143(2), the management of a company shall, concurrently with sending notice of a meeting of shareholders, send a form of proxy that is in accordance with the regulations to each shareholder entitled to receive notice of the meeting.
Marginal note:Exception
(2) The management of a company is not required to send a form of proxy under subsection (1) if the company
(a) is not a distributing company; and
(b) has 50 or fewer shareholders who are entitled to vote at a meeting, two or more joint holders of a share being counted as one shareholder.
- 1997, c. 15, s. 348
- 2005, c. 54, s. 393
- 2022, c. 10, s. 220
- Date modified: