Hyperlawhypertext legal database Bank Act

← Historical versions

Versions of s. 710(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. 2006-04-27 to present available View Source
    NotwithstandingDespite subsection (2), a bank holding company maymay, subject to subsection (4), record in the appropriate stated capital account maintained for the shares of a class or series any part of the amount of any consideration it receives forin sharesan exchange if it issues shares
    Full text

    Despite subsection (2), a bank holding company may, subject to subsection (4), record in the stated capital account maintained for the shares of a class or series any part of the consideration it receives in an exchange if it issues shares

  2. 2003-01-01 to 2006-04-27 View Source

    Notwithstanding subsection (2), a bank holding company may record in the appropriate stated capital account part of the amount of any consideration it receives for shares it issues