Trust and Loan Companies Act

Marginal note:Notice of meeting

• 141 (1) Notice of the time and place of a meeting of shareholders of a company shall be sent within the prescribed period to

  • (a) each shareholder entitled to vote at the meeting;

  • (b) each director;

  • (c) the auditor of the company; and

  • (d) the Superintendent.

• Marginal note:Exception

  (1.01) In the case of a company that is not a distributing company, notice may be sent within any shorter period specified in its by-laws.

• Marginal note:Publication in newspaper

  (2) In addition to the notice required under subsection (1), where any class of shares of a company is publicly traded on a recognized stock exchange in Canada, notice of the time and place of a meeting of shareholders shall be published once a week for at least four consecutive weeks before the date of the meeting in a newspaper in general circulation in the place where the head office of the company is situated and in each place in Canada where the company has a transfer agent or where a transfer of the company’s shares may be recorded.