URL:http://www.canlii.org/ca/sta/b-3/sec14.08.html
[< Previous] [Table of Contents] [Noteup] [Next >]

         Bankruptcy and Insolvency Act
            PART I: ADMINISTRATIVE OFFICIALS
               Trustees
                  Corporations as Trustees

Majority of officers and directors must hold licences

14.08 A body corporate may hold a licence as a trustee only if a majority of its directors and a majority of its officers hold licences as trustees.

1992, c. 27, s. 9.