24
In forcePrimary nominee in partnership
Part 3Registration
Division 3.3Nominees
24 Primary nominee in partnership
(1)
This section applies if a firm that is a partnership has more than 1 nominee.
(2)
If only 1 nominee is a partner in the firm, that nominee is the firm’s primary nominee.
(3)
If more than 1 nominee is a partner in the firm, the firm must nominate 1 nominee who is a partner to be the firm’s primary nominee.
(4)
If no nominee is a partner, the firm must nominate a nominee to be the firm’s primary nominee.
This Act’s bill:Explanatory statementSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.