Where the director of a legal person fails to give information correctly and immediately of an acquisition or a contract, the court, on the application of the legal person or a member, may, among other measures, annul the act or order the director to render account and to remit the profit or benefit realized to the legal person.
The action may be brought only within one year after knowledge is gained of the acquisition or contract.
1991, c. 64, a. 326.
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