Statute
Section 14.1 — Bankruptcy and Insolvency Act: Not carrying on business of trust company
Text of the provision Official document
Every body corporate that is incorporated by or under an Act of Parliament and that holds a licence as a trustee may carry on the business of a trustee anywhere in Canada and shall not, in respect of its operations as a trustee, be construed to be carrying on the business of a trust company.
Official source: laws-lois.justice.gc.ca
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