MHHS · Business Corporations Act
Part 17 — Liquidation and Dissolution
229 Property not disposed of
corporate that has not been disposed of at the date of its dissolution
under this Act vests in the Crown in right of Alberta.
(2) If a body corporate is revived as a corporation under section
208 or 210,
(a) any property of the body corporate that has not been paid,
transferred or delivered to the Minister responsible for the
Unclaimed Personal Property and Vested Property Act
remains the property of the corporation, and
(b) the corporation may make a claim for any of the body
corporate's property that has been paid, transferred or
delivered to the Minister responsible for the Unclaimed
Personal Property and Vested Property Act in accordance
with that Act.
RSA 2000 cB-9 s229;2007 cU-1.5 s68