Limitations in the Power of an Alberta Corporation to Provide Guarantees and Other Financial Assistance: Section 42 of the (Alberta) Business Corporations Act

Authors

  • John D. Karvellas
  • Gary J. Daniel

DOI:

https://doi.org/10.29173/alr1727

Abstract

There appears to be a number of difficulties with s. 42 of the Alberta Business Corporations Act, which is similar to s. 42 of The Canadian Business Corporations Act. The authors highlight these difficulties and recommend a solution, which includes repealing s. 42.

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