CORPORATIONS ACT 2001

CHAPTER 1 - INTRODUCTORY  

PART 1.2 - INTERPRETATION  

Division 7 - Interpretation of other expressions  

SECTION 95A   SOLVENCY AND INSOLVENCY  

95A(1)   [ Solvent person]  

A person is solvent if, and only if, the person is able to pay all the person's debts, as and when they become due and payable.

95A(2)   [ Insolvent person]  

A person who is not solvent is insolvent.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.