Marginal note:False prospectus, etc.
400 (1) Every person is guilty of an indictable offence and liable to imprisonment for a term of not more than 10 years or is guilty of an offence punishable on summary conviction who makes, circulates or publishes a prospectus, a statement or an account, whether written or oral, that they know is false in a material particular, with intent
(a) to induce persons, whether ascertained or not, to become shareholders or partners in a company,
(b) to deceive or defraud the members, shareholders or creditors, whether ascertained or not, of a company, or
(c) to induce any person to
(d) [Repealed, 1994, c. 44, s. 26]
Marginal note:Definition of company
(2) In this section, company means a syndicate, body corporate or company, whether existing or proposed to be created.
- R.S., 1985, c. C-46, s. 400
- 1994, c. 44, s. 26
- 2019, c. 25, s. 156
- Date modified: