Hometime

Hometime · Alberta legislation

RTA Residential Tenancies Act

RTA · Cooperatives Act

Part 5 — Capital Structure Division 1 Membership Capital

132 Cancellation or redemption of shares

Current to 2023-12-07 · Official PDF

Shares of a cooperative that are redeemed or otherwise
acquired by it are cancelled or, if the articles limit the number of
authorized shares, restored to the status of unissued shares.