"Municipally-owned corporations present unique governance challenges. As the only published text of its kind in Canada, this text provides guidance on the legal framework relating to the ownership, governance and operation of corporations by municipalities in Ontario. It focuses on municipal services corporations created under the Municipal Act, and electricity distribution corporations, and their affiliates, created under the Electricity Act. This book deals with issues specific to such structures and processes, including how municipal councils may hold shareholder meetings, appointment of directors, carrying on business outside municipal boundaries, shareholder directions and agreements, ownership by multiple municipalities, access to records and freedom of information, and tax considerations. This practically-oriented text is an essential reference for corporate, commercial and municipal lawyers, government employees, and non-legal professionals in municipal services corporations."-- Provided by publisher.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.