Trust and Loan Companies Act

Contents

3,947 provisions, too many to show on one page. Open a part or section to read it with its history and connections, or search inside the text.

1. Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
2. Short Title
   1. 1 Short title
3. Part I · Interpretation and Application
   1. Definitions
   2. Interpretation
   3. Application
4. Part II · Status and Powers
   1. 14 Corporate powers
   2. 14.1 Policies and procedures — integrity or security
   3. 15 No invalidity
   4. 16 By-law not necessary
   5. 17 No personal liability
   6. 18 No constructive notice
   7. 19 Authority of directors and officers
   8. 20 Sunset provision
5. Part III · Incorporation, Continuance and Discontinuance
   1. Formalities of Incorporation
   2. Continuance
   3. Discontinuance
   4. Corporate Name
6. Part IV · Organization and Commencement
   1. Organization Meetings
   2. Commencement and Carrying on of Business
7. Part V · Capital Structure
   1. Share Capital
   2. Subordinated Indebtedness
   3. Security Certificates and Transfers
8. Part VI · Corporate Governance
   1. Shareholders
   2. Proxies
   3. Directors and Officers
   4. Fundamental Changes
   5. Corporate Records
   6. Financial Statements and Auditors
9. Part VII · Ownership
   1. Division I — Interpretation
   2. Division II — Constraints on Ownership
   3. Division III — Directions
10. Part VIII · Business and Powers
    1. General Business
    2. Miscellaneous
11. Part IX · Investments
    1. Definitions and Application
    2. General Constraints on Investments
    3. Subsidiaries and Equity Investments
    4. Exceptions and Exclusions
    5. Portfolio Limits
    6. Commercial Loans
    7. Real Property
    8. Equities
    9. Aggregate Limit
    10. Miscellaneous
12. Part X · Adequacy of Capital and Liquidity
    1. 473 Adequacy of capital and liquidity
13. Part XI · Self-dealing
    1. Interpretation and Application
    2. Prohibited Related Party Transactions
    3. Permitted Related Party Transactions
    4. Restrictions on Permitted Transactions
    5. Disclosure
    6. Remedial Actions
14. Part XII · Regulation of Companies — Superintendent
    1. Supervision
    2. Remedial Powers
15. Part XII.1 · Regulation of Companies — Commissioner
    1. 520.1 Required information
    2. 520.2 Confidential information
    3. 520.3 Examination
    4. 520.4 Power of Commissioner on inquiry
    5. 520.5 Compliance agreement
16. Part XIII · Administration
    1. Notices and Other Documents
    2. Approvals
    3. Exceptions to Generally Accepted Accounting Principles
    4. Orders to Exempt or Adapt
    5. Orders and Directives
    6. Applications to Superintendent
    7. Applications for Certain Approvals
    8. Appeals
    9. Regulations
    10. Delegation
17. Part XIV · Sanctions
    1. 533 Offence
    2. 534 Punishment
    3. 535 Liability of officers, directors, etc.
    4. 535.1 Limitation period
    5. 536 Effect of offence on contracts
    6. 537 Restraining or compliance order
    7. 538 Appeal of final order
    8. 539 Recovery and application of fines
18. Part XIV.1 · Documents in Electronic or Other Form
    1. 539.01 Definitions
    2. 539.02 Application
    3. 539.03 Use not mandatory
    4. 539.04 Consent and other requirements
    5. 539.05 Creation or provision of information
    6. 539.06 Creation of information in writing
    7. 539.07 Provision of information in writing
    8. 539.08 Multiple copies
    9. 539.09 Registered mail
    10. 539.1 Statutory declarations and affidavits
    11. 539.11 Signatures
    12. 539.12 Regulations — provision and receipt of documents
    13. 539.13 Content and form of notices and documents
    14. 539.14 Exemption
19. Part XV · General
    1. Transitional
    2. Consequential Amendments
    3. Repeals
    4. Coming into Force
20. Related provisions
21. Amendments not in force