Government of Canada / Gouvernement du Canada
Symbol of the Government of Canada


Bank Act

Version of section 284 from 2003-01-01 to 2006-11-27:

Marginal note:Right to acquire shares

 If, within one hundred and twenty days after the date of a take-over bid, the bid is accepted by the holders of not less than 90 per cent of the shares of any class of shares to which the take-over bid relates, other than shares held at the date of the take-over bid by or on behalf of the offeror or an affiliate or associate of the offeror, the offeror is entitled, on complying with sections 285 to 290, subsections 291(1) and (2) and section 292, to acquire the shares held by the dissenting offerees.

Date modified: