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ULC Amalgamations Constraints #18543

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Mihai-QuickSilverDev opened this issue Nov 14, 2023 · 0 comments
Open
17 tasks

ULC Amalgamations Constraints #18543

Mihai-QuickSilverDev opened this issue Nov 14, 2023 · 0 comments
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@Mihai-QuickSilverDev
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Mihai-QuickSilverDev commented Nov 14, 2023

  • A BC Unlimited Liability Company cannot amalgamate with a foreign company.
  • 2 or more BC companies can amalgamate to form one Unlimited Liability Company.
  • A BC Limited company and a BC Unlimited Liability Company can amalgamate to become a BC Unlimited Liability Company.
  • A BC Limited company and a BC Unlimited Liability Company can amalgamate to become a BC Limited Company.
  • 2 or more BC Unlimited Liability Companies can amalgamate to become a BC Unlimited Liability Company.
  • Amalgamations resulting in a BC Unlimited Liability Company Affects Regular, Vertical and Horizontal amalgamation forms and on-line transactions.
  • NOA must contain the Unlimited Liability Company statement referred to in Section 51.11.
  • New name of the company must comply with section 51.21.
  • A BC Unlimited Liability Company cannot amalgamate with an existing foreign corporation to form a BC Unlimited Liability Company.
  • A BC Unlimited Liability Company cannot amalgamate with an existing foreign corporation to form a BC Limited Company.
  • A BC Unlimited Liability Company cannot amalgamate with an existing foreign corporation to form a BC Community Contribution Company.
  • A BC Unlimited Liability Company cannot amalgamate with an existing Unlimited Liability Company from Alberta, Nova Scotia, or the USA to form a BC Unlimited Liability Company.
  • A BC Unlimited Liability Company cannot amalgamate with an existing Unlimited Liability Company from Alberta, Nova Scotia, or the USA to form a BC Limited Company.
  • A BC Company cannot amalgamate with an existing Unlimited Liability Company from Alberta, Nova Scotia, or the USA to form a BC Unlimited Liability Company.
  • A BC Company cannot amalgamate with an existing foreign corporation to form a BC Unlimited Liability Company.
  • An extra-Pro cannot amalgamate with anything to become a BC Unlimited Liability Company or a BC Community Contribution Company.
  • A BC Unlimited Liability Company and BC Community Contribution Company can amalgamate but must form a BC Community Contribution Company.
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