Canada Business Corporations Act, s. 228(1): undisposed property of a dissolved corporation vests in the Crown (CBCA s. 228(1))
Records and other property a federal Canadian corporation had not sold or distributed when it was dissolved belong to the Crown; the founders and investors no longer own them.
Dated 21 Oct 2026Source checked 21 Oct 2026Quote found on its page again 21 Oct 2026Basis: primary text
In the source's own words
“property of a body corporate that has not been disposed of at the date of its dissolution under this Act vests in Her Majesty in right of Canada.”
Figures it counts in
It is shown on its own, not counted into a figure.
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