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Before 1862, limited liability was the exception, being conferred on specific companies through royal charter or special Act. When it was introduced into UK company law by the Companies Act 1862 as a matter of general application, the Canadian colonies introduced legislation to enable the same locally.
A typical and broadly representative example of such a statute is Ontario's Sale of Goods Act, which defines a "contract for the sale of goods" as "a contract whereby the seller transfers or agrees to transfer the property in the goods to the buyer for a money consideration" and defines an "agreement to sell" as a contract "where the transfer ...
A stock transfer agent, transfer agent, share registry or transfer agency is an entity, usually a third-party firm unrelated to security transactions, that manages the change in ownership of company stock or investment fund shares, maintains a register of ownership and acts as paying agent for the payment of dividends and other distributions to investors.
CCC is the Government of Canada’s executing agency for the DPSA and is embedded in the U.S. DoD’s Defense Federal Acquisition Regulation Supplement (DFARS) [5] to act as the prime contractor for all contracts over US$250,000 awarded to Canadian companies. Additional services under the U.S. DoD prime contractor program include interpretation ...
Universal agents hold broad authority to act on behalf of the principal, e.g. they may hold a power of attorney (also known as a mandate in civil law jurisdictions) or have a professional relationship, say, as lawyer and client. General agents hold a more limited authority to conduct a series of transactions over a continuous period of time; and
The last edition of the RSO was dated 1990 pursuant to the Statutes Revision Act, 1989, consolidating the statutes in force prior to January 1, 1991. [3] More recently, acts have been consolidated on the e-Laws website, organized by reference to their existing citations in the Statutes of Ontario or Revised Statutes of Ontario. [4]
A registered agent is a designated person or entity authorized to receive legal and official documents on behalf of a company or LLC, and can be referred to as "Resident Agent", "Statutory Agent", commercial or noncommercial clerk, [5] [6] or by the Federal Motor Carrier Safety Administration (FMCSA), a "process agent". [7]
The Ministry of Public and Business Service Delivery and Procurement (MPBSDP; formerly the Ministry of Government and Consumer Services) is a ministry of the Government of Ontario. It is responsible for ServiceOntario , which, among other responsibilities, issues driver's licenses, health cards, birth certificates and other provincial documents ...