Pawlina Law

Continuance

Continuance

A continuance allows a corporation to essentially reincorporate under another legislation. Rather than dissolving and incorporating again, the corporation continues from one legislation, such as the OBCA, into another, such as the CBCA so that it is governed by that other legislation as though it were incorporated under it. The process results in the corporation being exported out of one legislation and being imported into another. Often, continuances are used to allow for corporations to amalgamate as all of the corporations to be amalgamated must be governed by the same statute. Since we focus on corporate law, Pawlina Law can assist you with your continuance. Please do not hesitate to contact us.