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an exchange of securities of a corporation for property, money or other securities of the corporation or property, money or securities of another body corporate; a going-private transaction or a squeeze-out transaction in relation to a corporation; a liquidation and dissolution of a corporation; and; any combination of the foregoing.
Lightstream Resources Ltd. – oil and gas (dissolved under corporate legislation) Noranda – mining, merged with Falconbridge Ltd. (2005) Saskatchewan Mining Development Corporation (SMDC) – uranium mining, merged with Eldorado Mining and Refining Limited to form Cameco (1988) Teck Cominco – mining; Westcoast Energy – acquired by Duke ...
The Canada Business Corporations Act (CBCA; French: Loi canadienne sur les sociétés par actions) is an act of the Parliament of Canada regulating Canadian business corporations. Corporations in Canada may be incorporated federally, under the CBCA, or provincially under a similar provincial law.
To officially dissolve a Florida limited liability company, complete the articles of dissolution online with Florida's Division of Corporations. There is a $25 filing fee. There is a $25 filing fee.
An unlimited liability corporation (ULC) within Canadian corporate law is a Canadian corporation designation, wherein shareholders are liable up to unlimited amounts for any liability, act or default of the corporation. By comparison, in most corporations, shareholders are not usually liable due to a limited liability model.
Judicial dissolution, informally called the corporate death penalty, is a legal procedure in which a corporation is forced to dissolve or cease to exist. Dissolution is the revocation of a corporation's charter for significant harm to society. [ 2 ]
In law, dissolution is any of several legal events that terminate a legal entity or agreement such as a marriage, adoption, corporation, or union.. Dissolution is the last stage of liquidation, the process by which a company (or part of a company) is brought to an end, and the assets and property of the company are gone forever.
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