Canada Business Corporations Act
Version of section 99 from 2011-11-29 to 2024-10-30:
Marginal note:Duty of care
99 A receiver, receiver-manager or sequestrator of a corporation appointed under an instrument or act shall
(a) act honestly and in good faith; and
(b) deal with any property of the corporation in their possession or control in a commercially reasonable manner.
- R.S., 1985, c. C-44, s. 99
- 2001, c. 14, s. 135(E)
- 2011, c. 21, s. 47(E)
- Date modified: