27 Instruments in favour of corporations
which an interest in land is claimed or dealt with on behalf of a
corporation unless the Registrar is satisfied that the corporation is
(a) registered under the Companies Act,
(b) registered, incorporated or continued under the Business
Corporations Act or the Cooperatives Act,
(c) a loan corporation or trust corporation,
(d) licensed under the Insurance Act,
(e) registered under the Societies Act,
(f) registered under the Rural Utilities Act,
(g) incorporated under the Credit Union Act,
(h) incorporated under the Agricultural Societies Act,
(i) incorporated in Alberta by or pursuant to a public or private
Act,
(j) incorporated or continued under the Bank Act (Canada) or
the Railway Act (Canada), RSC 1985 cR-3, or
(k) an agent of the Crown in right of Canada.
(2) In the case of any corporation to which subsection (1)(a), (b),
(c), (d), (e), (f), (g) or (h) applies, the receipt by the Registrar of a
certificate from
(a) the Registrar of Companies that a corporation is registered
under the Companies Act,
(b) the Registrar as defined in the Business Corporations Act
that a corporation is registered, incorporated or continued
under that Act,
(b.1) the Director as defined in the Cooperatives Act that a
cooperative is registered, incorporated or continued under
that Act,
RSA 2000
(c) the Registrar as defined in the Business Corporations Act
that a corporation is registered under the Societies Act or the
Rural Utilities Act,
(d) the member of the Executive Council responsible for the
administration of the Loan and Trust Corporations Act that
a corporation is a loan corporation or trust corporation,
(e) the Minister responsible for the Insurance Act that a
corporation is licensed under the Insurance Act,
(f) the member of th e Executive Council responsible for the
administration of the Credit Union Act that a corporation is
incorporated under the Credit Union Act, or
(g) the Director of Agricultural Societies that a corporation is
incorporated under the Agricultural Societies Act,
shall be sufficient to satisfy the Registrar in relation to every
submission for registration or filing made afterwards in relation to
that corporation until the Registrar is informed by the Registrar of
Companies, the Registrar as defined in the Business Corporations
Act, the member of the Executive Council responsible for the
administration of the Loan and Trust Corporations Act, the
Superintendent of Insurance, the member of the Executive Council
responsible for the administration of the Credit Union Act or the
Director of Agricultural Societies, as the case may be, that the
certificate issued in respect of that corporation is no longer valid.
(3) The Registrar of Companies, the Registrar as defined in the
Business Corporations Act, the member of the Executive Council
responsible for the administration of the Loan and Trust
Corporations Act, the Superintendent of Insurance, the member of
the Executive Council referred to in subsection (2)(f) and the
Director of Agricultural Societies, as the case may be, shall notify
the Registrars forthwith, on any corporation for which they may
have issued their respective certificates being dissolved or
liquidated and dissolved or ceasing to be registered or licensed, that
the certificate issued in respect of that corporation is invalid.
(4) Except in respect of a corporation
(a) that is a loan corporation or trust corporation, or
(b) licensed under the Insurance Act,
a certificate of a solicitor who is a member of The Law Society of
Alberta stating that the corporation is registered under the
Companies Act, the Societies Act, the Rural Utilities Act or the
RSA 2000
Agricultural Societies Act, or is incorporated, continued or
registered under the Business Corporations Act, the Cooperatives
Act or the Credit Union Act shall be sufficient to satisfy the
Registrar in relation to the submission for registration or filing of
the instrument or caveat to which the certificate is attached and of
which it forms part.
(5) Notwithstanding subsections (1) to (4), the Registrar may
register a lien under the Prompt Payment and Construction Lien
Act by an extra-provincial corporation that is not registered in
Alberta.
RSA 2000 cL-4 s27;RSA 2000 cI-3 s860;2001 cC-28.1 s457;
2001 c23 s1(10);2011 c13 s5;2020 c30 s29