Alberta Business Corporations Act

The Alberta Business Corporations Act is a law that governs how companies (corporations) are created, operated, and dissolved in Alberta. It sets out the rules for forming a corporation, managing its internal affairs, issuing shares, and ensuring legal compliance. The Act also Protects shareholders' rights and outlines procedures for meetings, director responsibilities, and resolving disputes. Its goal is to provide a clear legal framework to facilitate business operations, promote transparency, and prevent abuse, enabling companies to function smoothly within the province’s legal system.