LAWS 3201 Lecture Notes - Lecture 3: Canada Business Corporations Act, Corporate Law
10 Dec 2017
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Life was 50 years: english companies act was passed in 1862 replacing the one in 1855, was the model for contemporary english law, became the model for canadian legislation in some jurisdictions. E-commerce with shareholders, e-voting and e-participation in meetings: 2007- ontario made substantive changes to its act, the business corporations act, to copy the changes made in 2001 to the cbca. Jurisdiction to regulate: provincial regulation of federal corporations. In order for a provincial legislation to stand, it must be in accordance with the federal laws: ex. City of ottawa tried to making a non-smoking regulation in certain areas, however. Since ottawa"s regulation wasn"t undermining the federal law, the regulation was able to go through: federal regulation of provincial corporations, regulation. September 25, 2017: application of charter to corporations. Incorporation and organization: what is a business corporation, encourages investment allows economy to grow, the incorporation process, pretty straight-forward, easily accessible (fees are reasonable)
