Business Corporations Regulation

Link to law: http://www.qp.alberta.ca/1266.cfm?page=2000_118.cfm&leg_type=Regs&isbncln=9780779774890&display=html
Published: 2013

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AR 118/2000 BUSINESS CORPORATIONS REGULATION (Consolidated up to 146/2015)
ALBERTA REGULATION 118/2000
Business Corporations Act
BUSINESS CORPORATIONS REGULATION
Table of Contents
Part 1 General
                1      Prescribed residents
                2      Name in articles
                3      Interpretation
                4      Similar and identical names
                5      Minor differences
             5.1      Identical names
                6      Distinctive meaning through use
                7      Family names
                8      Name of amalgamated corporation
                9      Additional form of name
              10      Limited number of characters
              11      Permitted characters in name
              12      Year in name
              13      Prohibited names
              14      Other prohibited affiliations
              15      Registrar’s powers
              16      Pseudonym
              17      Name search reports
              18      Number as name
           18.1      Eligibility to make proposals
              19      Securities Act forms
              20      Form requirements
              21      Financial statements
              22      Auditor’s report
              23      Disclosure of remuneration
              24      Annual return
              25      Securities register information
           25.1      Financial assistance disclosure
              26      Registrar’s records
              27      Fee for security certificate
Part 2 Special Rules Respecting Extra‑provincial Matters
Division 1 Interpretation and Designations
              28      Definitions
              29      Designations
Division 2 Alberta Corporations
              30      Registration in jurisdiction of designated extra‑provincial registrar
              31      Maintaining registration
              32      Requests, information and documents
              33      Provision of other information to designated extra‑provincial registrar
Division 3 Designated Extra‑provincial Corporations
              34      Registrations and filings of designated extra‑provincial corporations
              35      Registration
              36      Head office
              37      Attorney for service
              38      Changes in name
              39      Cancellation of assumed name
              40      Changes in head office
           40.1      Designated extra‑provincial corporation continuing into a new home jurisdiction
           40.2      Registered extra‑provincial corporation continued into the jurisdiction of a designated extra‑provincial registrar
           40.3      Designated extra-provincial corporation continuing into Alberta
              41      Changes in attorney for service
              42      Instrument of amalgamation
              43      Application to cancel registration
              44      Cancellation of registration without notice
              45      Cancellation of registration with notice
              46      Cancellation of registration of extra‑provincial corporation
              47      Liability for obligations
              48      Collection of information
              49      Complete information required
              50      Form of information
              51      Certificates               52      Certificate as evidence
              53      Original Alberta Search Report
              54      Fee exemption
              55      Application of provisions of Act
Part 3 Expiry
              56      Expiry
Part 1 General
Prescribed residents
1   The following classes of persons are prescribed for the purpose of section 1(dd)(ii) of the Act:
                               (a)    persons who are full‑time employees of the Government of Canada or a province or territory of Canada, of an agency of any such government or of a federal or provincial crown corporation;
                              (b)    persons who are full‑time employees of a body corporate
                                        (i)    of which more than 50% of the voting shares are beneficially owned or over which control or direction is exercised by resident Canadians, or
                                      (ii)    a majority of the directors of which are resident Canadians,
                                       where the principal reason for the residence of the employees outside Canada is to act as such employees;
                               (c)    persons who are full‑time students at a university or other educational institution recognized by the educational authorities of a majority of the provinces of Canada, and have been resident outside Canada for less than 10 consecutive years;
                              (d)    persons who are full‑time employees of an international association or organization of which Canada is a member;
                               (e)    persons who were, at the time of reaching their 60th birthday, ordinarily resident in Canada and have been resident outside Canada for less than 10 consecutive years.
AR 118/2000 s1;251/2001
Name in articles
2   The name of a corporation must be set out in articles filed with the Registrar.
Interpretation
3   In this section and sections 4, 5 and 5.1,
                               (a)    “corporate person” means a body corporate incorporated in Alberta, a registered extra‑provincial corporation and a Canada corporation;
                              (b)    “dissolved body corporate” means a dissolved body corporate that was incorporated in Alberta;
                               (c)    a reference to the name of a registered extra‑provincial corporation includes an assumed name under section 283 of the Act.
AR 118/2000 s3;191/2001;251/2001
Similar and identical names
4(1)  A corporation or an extra‑provincial corporation registered in Alberta may not have a name that is similar to the name of a corporate person unless that person consents in writing to the use of the name in whole or in part.
(2)  A corporation or an extra‑provincial corporation registered in Alberta may not have a name that is similar to the name of a dissolved body corporate unless the body corporate has been dissolved for a period of 3 years or more.
(3)  A corporation or an extra‑provincial corporation registered in Alberta may not have a name that is identical to the name of a dissolved body corporate unless the body corporate has been dissolved for a period of 6 years or more.
(4)  No name that is identical or similar to a name that is identified in a computer printed search report as “proposed” may be used by a corporation or extra‑provincial corporation registered in Alberta unless it is the person who first proposed the name or unless it has the consent in writing of the person who first proposed the name.
(5)  For the purposes of subsections (1), (2) and (4), a name is similar if it is
                               (a)    a name that would reasonably lead to the inference that the corporation or extra‑provincial corporation bearing the name is or would be associated or affiliated with the corporate person, dissolved body corporate or person proposing the name if the corporation or extra‑provincial corporation and the corporate person, dissolved body corporate or person proposing the name are not or will not be associated or affiliated, or
                              (b)    a name whose similarity to the name of the corporate person or dissolved body corporate or to the proposed name would lead someone who has an interest in dealing with the corporate person, dissolved body corporate or person proposing the name to deal with the corporation or extra‑provincial corporation bearing the name in the mistaken belief that he or she is dealing with the corporate person, dissolved body corporate or person proposing the name.
AR 118/2000 s4;83/2005
Minor differences
5(1)  A corporation and an extra‑provincial corporation registered in Alberta may not have a name where the only difference from the name of a corporate person or of a dissolved body corporate is
                               (a)    the addition or deletion of punctuation marks or spaces,
                              (b)    the insertion or removal of a year in the name,
                               (c)    a difference in the legal element of the name referred to in section 10(3) of the Act or the addition or deletion of the word “company” or its abbreviation,
                              (d)    the substitution of a word for its abbreviation or an abbreviation for the word,
                               (e)    the substitution of a word for its homonym,
                               (f)    the addition or deletion of an article, or
                               (g)    any other change that does not produce a phonetic difference between the name and the name of the corporate person or dissolved body corporate.
(1.1)  Subsection (1) does not apply to the name of a dissolved body corporate if the body corporate has been dissolved for a period of 6 years or more.
(2)  Subsection (1)(b) to (g) as they apply to a corporate person do not apply
                               (a)    where the corporate person consents in writing and undertakes to
                                        (i)    change its name, or
                                      (ii)    dissolve
                                       within 6 months, or
                              (b)    in the case of a corporate person that is a registered extra‑provincial corporation, where the registered extra‑provincial corporation undertakes to
                                        (i)    cease to be registered in Alberta, or
                                      (ii)    change its name in its home jurisdiction
                                       within 6 months.
(3)  Subsection (1)(b) to (g) as they apply to a dissolved body corporate do not apply where the dissolved body corporate has been dissolved for at least 3 years prior to the time the corporation or extra‑provincial corporation has the name.
AR 118/2000 s5;83/2005
Identical names
5.1(1)  A corporation or extra‑provincial corporation may have a name that is identical to the name of a body corporate incorporated in Alberta if
                               (a)    the body corporate has ceased to use the name,
                              (b)    the name is not a number name,
                               (c)    the body corporate and the corporation or extra‑provincial corporation, as the case may be, were affiliated at the time the body corporate  ceased to use the name,
                              (d)    the body corporate has consented in writing to the use of the name, and
                               (e)    the corporation or extra‑provincial corporation, as the case may be, undertakes to amend all titles and public registrations in the name of the body corporate to reflect the change within 6 months.
(2)  A corporation or extra‑provincial corporation may have a name that is identical to the name of a dissolved body corporate that has been dissolved for less than 6 years if
                               (a)    the name is not a number name,
                              (b)    the dissolved body corporate and the corporation or extra‑provincial corporation, as the case may be, were affiliated at the time the dissolved body corporate was dissolved,
                               (c)    the dissolved body corporate had consented in writing before it was dissolved to the use of the name, and
                              (d)    the corporation or extra‑provincial corporation, as the case may be, undertakes to amend all titles and public registrations in the name of the dissolved body corporate to reflect the change within 6 months.
                               (e)    repealed AR 218/2005 s2.
(3)  If an undertaking under subsection (1)(e) or (2)(d) is not carried out, the Registrar may, by notice in writing, giving reasons, direct the corporation or extra‑provincial corporation, as the case may be, to change its name to one that the Registrar approves within 90 days of the date of notice.
AR 191/2001 s3;83/2005;218/2005
Distinctive meaning through use
6   No corporation may have a name that
                               (a)    is too general,
                              (b)    is only descriptive, in any language, of the quality, function or other characteristics of the goods or services in which the corporation deals or intends to deal,
                               (c)    is primarily or only the name or surname of an individual who is living or has died within 30 years preceding the date of filing the articles, or
                              (d)    consists primarily or only of a geographic name,
unless the name has through use acquired a meaning that renders the name distinctive.
Family names
7(1)  No corporation may have a name that contains a word or expression, an element of which is the family name of an individual, whether or not the word or expression is preceded by the individual’s given name or initials, unless the individual or the individual’s heir, executor, administrator, assigns or guardian consents in writing to the use of the individual’s name.
(2)  Subsection (1) does not apply where the corporation that will have the name is the successor or affiliate of a corporation using the family name as an element in its corporate name, and that corporation consents in writing to the use of the name by the successor or affiliate corporation.
Name of amalgamated corporation
8   When 2 or more corporations amalgamate, the name of the amalgamated corporation may be identical to the name of one of the amalgamating corporations if the name is not a number name.
Additional form of name
9(1)  An additional form of name used pursuant to section 10(6) of the Act must be a direct translation of the corporate name.
(2)  Notwithstanding subsection (1), changes may be made to the additional form of name to ensure that it is idiomatically correct.
Limited number of characters
10   No corporation may have a name that exceeds 200 characters in length, including punctuation marks and spaces.
Permitted characters in name
11(1)  The name of a corporation and extra‑provincial corporation registered in Alberta may contain only the following:
                               (a)    letters of the alphabet of the English language;
                              (b)    arabic numerals;
                               (c)    the following punctuation or other marks:
                                        (i)    !
                                      (ii)    “
                                     (iii)    #
                                     (iv)    $
                                       (v)    %
                                     (vi)    &
                                    (vii)    ‘
                                   (viii)    ( )
                                     (ix)    *
                                       (x)    +
                                     (xi)      ,
                                    (xii)    .
                                   (xiii)    ‑
                                   (xiv)    /
                                    (xv)    :
                                   (xvi)    ;
                                  (xvii)    >
                                 (xviii)