Hometime

Hometime · Alberta legislation

CPA Condominium Property Act

CPA · Companies Act

Part 11 — Miscellaneous Division 1 Office of Registrar

311 Relief for breach of trust

Current to 2022-12-15 · Official PDF

If in any proceeding against a director of a company for
negligence or breach of trust it appears to the Court that the
director is or may be liable in respect of the negligence or breach of
trust, but has acted honestly and reasonably, and ought fairly to be
excused for the negligence or breach of trust, the Court may relieve
the director, either wholly or partly, from the director's liability on
any terms the Court thinks proper.
RSA 1980 cC-20 s311