(1) Subject to this Act, the articles of a company may provide that the company has a lien on a share registered in the name of a shareholder or his or her legal representative for a debt of that shareholder to the company including an amount unpaid in respect of a share issued by a company on the date it was continued under this Act.
(2) A company may enforce a lien referred to in subsection (1) in accordance with its bye-laws.
Division D: Management of Companies