For Founders Law

Individuals with significant control

Also called isc register, significant control, beneficial ownership

The people who own or control a significant number of a corporation's shares, or who otherwise have influence over it. Corporations keep a register of these individuals.

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Related terms

Sources

  1. Corporations Canada: individuals with significant control
  2. Canada Business Corporations Act, s. 21.1
  3. Ontario Business Corporations Act, s. 140.2

General information about Ontario and Canadian law, not legal advice. All terms