Hometime

Hometime · Alberta legislation

MHHS Minimum Housing and Health Standards

MHHS · Companies Act

Part 10 — Dissolution Division 1 Cancellation of Incorporation

241 Custody of company's property

Current to 2022-12-15 · Official PDF

(1) In a winding-up by the Court the liquidator or the
provisional liquidator, as the case may be, shall take into his or her
custody or under his or her control all the property to which the
company is or appears to be entitled.
(2) In a winding-up by the Court all the property of the company
shall be deemed to be in the custody of the Court, if and so long as
there is no liquidator.
RSA 2000 cC-21 s241;2020 c25 s2(101)