Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Business Corporations Act

Part 13 — Financial Disclosure

166 Filling vacancy

Current to 2023-12-07 · Official PDF

(1) Subject to subsection (3), the directors shall forthwith fill a
vacancy in the office of auditor.
(2) If there is not a quorum of directors, the directors then in office
shall, within 21 days after a vacancy in the office of auditor occurs,
call a special meeting of shareholders to fill the vacancy and, if
they fail to call a meeting or if there are no directors, the meeting
may be called by any shareholder.
(3) The articles of a corporation may provide that a vacancy in the
office of auditor shall only be filled by vote of the shareholders.
(4) An auditor appointed to fill a vacancy holds office for the
unexpired term of the auditor's predecessor.
RSA 2000

(5) Subsections (1) and (2) do not apply if the shareholders have
resolved under section 163 not to appoint an auditor.
1981 cB-15 s160