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Any amalgamation with BC Community Contribution Companies results in a Community Contribution Company.
A BC Unlimited Company and BC Community Contribution Company can amalgamate and must form a BC Community Contribution Company (as per section 51.98).
ULCs can amalgamate to become “limited companies” (CCCs are a type of limited company, which is defined as any company other than a ULC).
An extra-Pro cannot amalgamate with anything to become a BC Unlimited Liability Company or a BC Community Contribution Company.
A BC Limited Company and BC Community Contribution Company can amalgamate but must form 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.
Amalgamations resulting in a BC Community Contribution Company
The TINGs can be any combination of BC, ULC, CCC and foreign companies although a foreign company cannot be part of a CCC amalgamation when one of the TINGs is a ULC.
Two or more BC companies can amalgamate and form a BC Community Contribution Company.
Affects Regular, Vertical and Horizontal amalgamation forms and on-line transactions.
NOA must not contain the Unlimited Liability Company statement referred to in Section 51.11 (and a CCC statement is not required).
New name of the company cannot contain “Unlimited Liability Company" or its abbreviation “ULC" .
New name of the company must comply with section 51.21.
A BC Limited Company and BC Community Contribution Company can amalgamate but must form 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.
BC Unlimited Liability Company, BC Unlimited Liability Company and BC Community Contribution Company can amalgamate but must form a BC Community Contribution Company.
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The text was updated successfully, but these errors were encountered: