Part 2 — Provincial Companies Subpart 1 Status and Powers of Provincial Companies
148 Requirements for other jurisdiction's law
under the laws of another jurisdiction only if those laws provide in
effect that, if the company is continued,
RSA 2000
(a) the property of the provincial company continues to be the
property of the body corporate,
(b) the body corporate continues to be liable for the obligations
of the provincial company,
(c) an existing cause of action, claim or liability to prosecution
is unaffected by the continuance,
(d) a civil, criminal or admi nistrative action or proceeding
pending by or against the provincial company may continue
to be prosecuted by or against the body corporate, and
(e) a conviction against or ruling, order or judgment in favour
of or against the provincial company may be enforced by or
against the body corporate.
1999 cI-5.1 s148