← Historical versions

Versions of s. 171(3)

B-1.01 — Bank Act · 2 versions · View current text

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

  1. 2012-12-19 to present available View Source
    WhereIf subsection (1) or (2) applies, the board of directors referred to in that subsection shallmust, without delaydelay, call a special meeting of shareholders or members, as the case may be, to fill the vacancies,vacancies whereif paragraph 170(2)(a) applies, or elect a new board of directors,directors whereif subsection 170(1) or paragraph 170(2)(b) applies.
    Full text

    If subsection (1) or (2) applies, the board of directors referred to in that subsection must, without delay, call a special meeting of shareholders or members, as the case may be, to fill the vacancies if paragraph 170(2)(a) applies, or elect a new board of directors if subsection 170(1) or paragraph 170(2)(b) applies.

  2. 2003-01-01 to 2012-12-19 View Source

    Where subsection (1) or (2) applies, the board of directors referred to in that subsection shall without delay call a special meeting of shareholders to fill the vacancies, where paragraph 170(2)(a) applies, or elect a new board of directors, where subsection 170(1) or paragraph 170(2)(b) applies.