Glossary of Terms
Bankruptcy / Proposal / Financial Glossary |
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| corporation | Includes any company or legal person incorporated, or authorized to carry on business, by or under an Act of Parliament of Canada, or of any of the provinces or territories, that has an office or property in Canada. The Bankruptcy and Insolvency Act specifically excludes building societies, incorporated banks, to which the Bank Act applies, savings banks, insurance companies, trust companies, loan companies or railway companies. |
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