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Reform of the Intestate Succession Act, Final Report 78


The current scheme for intestate succession is patterned after legislation created in 1670. The report aims to reform the Intestate Succession Act in a manner more in line with the modern presumed intention of intestates, which has been gleaned through an examination of various studies. This report recommends that if an intestate died leaving a surviving spouse and issue, and all of the issue were of the surviving spouse, the entire estate should go to the surviving […]

AREA OF LAW Wills and Succession Family Law Marriage & Divorce
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FORMAT Publications
FILE fr078.pdf

June 29, 1999

Reform of the Intestate Succession Act, Report for Discussion 16


A person who dies without a valid will is known as “intestate.” The distribution of such a person’s assets was (at the time of this report’s publication) determined by the Intestate Succession Act, RSA 1980, c I-9. This Act was based on a system of property distribution developed in 1670 (the Statute of Distribution). This report asserts that this scheme of distribution was out of date, and that the will of those who died intestate could be […]

AREA OF LAW Wills and Succession
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FORMAT Publications
FILE rfd16.pdf

January 2, 1996

Purchase by a Company of Shares Which It Has Issues, Final Report 22


This report contains draft legislation and recommends that a company incorporated under the Alberta Companies Act be permitted to purchase shares which it has issued. Under the recommendations, the portion of the price representing the consideration received by the company for issuing the shares in the first place must be allocated to reducing paid-up capital. Furthermore, the remainder of the price may be deducted from any surplus account that the directors designate. This power may […]

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FORMAT Publications
FILE fr021.pdf
ENACTMENT

The Companies Amendment Act, 1977, SA 1977, c 13, s 2 (now Business Corporations Act, RSA 2000, c B-9, ss 30 and 31).

January 1, 1977