Hometime

Hometime · Alberta legislation

CPA Condominium Property Act

CPA · Business Corporations Act

Part 11 — Shareholders

139 Right to vote

Current to 2023-12-07 · Official PDF

(1) Unless the articles otherwise provide, each share of a
corporation entitles the holder of it to one vote at a meeting of
shareholders.
(2) If a body corporate or association is a shareholder of a
corporation, the corporation shall recognize any individual
authorized by a resolution of the directors or governing body of the
body corporate or association to represent it at meetings of
shareholders of the corporation.
RSA 2000

(3) An individual authorized under subsection (2) may exercise on
behalf of the body corporate or association the individual
represents all the powers it could exercise if it were an individual
shareholder.
(4) Unless the bylaws otherwise provide, if 2 or more persons hold
shares jointly, one of those holders present at a meeting of
shareholders may in the absence of the others vote the shares, but if
2 or more of those persons who are present, in person or by proxy,
vote, they shall vote as one on the shares jointly held by them.
1981 cB-15 s134