Hometime

Hometime · Alberta legislation

RTA Residential Tenancies Act

RTA · Business Corporations Act

Part 13 — Financial Disclosure

159 Copies to shareholders

Current to 2023-12-07 · Official PDF

(1) A corporation shall, not less than 21 days before each
annual meeting of shareholders or before the signing of a resolution
under section 141(2) instead of the annual meeting, send a copy of
the documents referred to in section 155 to each shareholder,
except to a shareholder who has informed the corporation in
writing that the shareholder does not want a copy of those
documents.
(2) A corporation that, without reasonable cause, contravenes
subsection (1) is guilty of an offence and liable to a fine of not
more than $5000.
(3) Notwithstanding subsection (1), the shareholders may, by
unanimous resolution, waive their right to receive copies of
RSA 2000

documents referred to in section 155 in advance of the annual
meeting.
RSA 2000 cB-9 s159;2005 c8 s38