Space Law TOP
Contents Intoroduction Preliminaries Chapter 1 Chapter 2
Chapter 3 Chapter 4 Appendix Index

Power of the Company

6. (1)

In favour of any person who purchases any securities of the company or contracts with the company, the company shall be deemed to have all the powers of a natural person.


Nothing in this section diminishes any personal liability of the directors to the company for acting in excess of the powers of the company under its charter. R.S., c. T-4, s. 7.

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