Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Business Corporations Act

Part 7 — Trust Indentures

84 List of security holders

Current to 2023-12-07 · Official PDF

(1) A holder of debt obligations issued under a trust indenture
may, on payment to the trustee of a reasonable fee, require the
trustee to furnish within 15 days after delivering to the trustee the
statutory declaration referred to in subsection (4), a list setting out
(a) the names and contact information of the registered holder s
of the outstanding debt obligations,
(b) the principal amount of outstanding debt obligations owned
by each of those holders, and
(c) the aggregate principal amount of debt obligations
outstanding, as shown on the records maintained by the
RSA 2000

trustee on the day that the statutory declaration is delivered
to that trustee.
(2) On the demand of a trustee, the issuer of debt obligations shall
furnish the trustee with the information required to enable the
trustee to comply with subsection (1).
(3) If the person requiring the trustee to furnish a list under
subsection (1) is a body corporate, the statutory declaration
required under that subsection shall be made by a director or officer
of the body corporate.
(4) The statutory declaration required under subsection (1) shall
state
(a) the name and contact information of the person requiring t he
trustee to furnish the list and, if the person is a body
corporate, the address for service of the body corporate, and
(b) that the list will not be us ed except as permitted under
subsection (5).
(5) A list obtained under this section shall not be used by any
person except in connection with
(a) an effort to influence the voting of the holders of debt
obligations,
(b) an offer to acquire debt obligations, or
(c) any other matter relating to the debt obligations or the
affairs of the issuer or guarantor of the debt obligations.
(6) A person who, without reasonable cause, contravenes
subsection (5) is guilty of an offence and liable to a fine of not
more than $5000 or to imprisonment for a term of not more than 6
months or to both.
RSA 2000 cB-9 s84;2021 c18 s15