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Document Preview By-Law |
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Title: |
By-Law |
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Entities: |
IMC Global, Inc.; IMC Kalium Canada Ltd. |
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Date: |
2001 |
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Size: |
Preview shows 3KB of 64KB total |
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Price: |
$47 |
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ID: |
#226856 |
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IMC KALIUM CANADA LTD.
BY-LAW
A By-law respecting the granting of
patronage dividends to customers of the
Corporation
BE IT ENACTED as a by-law of the Corporation as follows:
1. The Corporation does hereby hold out to its customers who are
members of the Corporation the prospect that amounts may be
credited to them computed at a rate, to be determined by the
board of directors of the Corporation at their sole discretion
from time to time, which rate may be nil, in relation to the
quantity, quality or value of the goods or products acquired,
marketed, handled, dealt in or sold, or services rendered by
the Corporation from, on behalf of or to the customer, with
appropriate differences in the rate for different classes,
grades or quantities.
2. As used herein, the term "customer" and "member" mean
"customer" and "member", respectively, as defined in section
135 of the INCOME TAX ACT (Canada), as amended.
<Page>
BY LAW NO.1
A by-law relating generally to the conduct of the affairs of S & P CANADA II,
INC.
BE IT ENACTED as a by-law of the Corporation as follows:
INTERPRETATION
1.01 DEFINITIONS. - In the by-laws of the Corporation, unless the
context otherwise requires:
"Act" means the Canada Business Corporations Act, and any statute that
may be substituted therefore, as from time to time amended;
"appoint" includes "elect" and vice versa;
"articles" means the articles attached to the certificate of
Incorporation of the Corporation as from time to time amended or
restated;
"board" means the board of directors of the Corporation;
"by-laws" means this by-law and all other by-laws of the Corporation
from time to time in force and effect;
"cheque" includes a draft;
"Corporation" means the corporation incorporated by the said
certificate under the Act and named S & P CANADA II, INC.
"meeting of shareholders" includes an annual meeting of shareholders
and a special meeting of shareholders; "special meeting of
shareholders" includes a meeting of any class or classes of
shareholders and a special meeting of all shareholders entitled to
vote at an annual meeting of shareholders;
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