(1) A director of a company is entitled to receive notice of, and to attend and be heard at, every meeting of shareholders.
(2) A director—
(a) who resigns;
(b) who receives a notice or otherwise learns of a meeting of shareholders called for the purpose of removing him or her from office; or
(c) who receives a notice or otherwise learns of a meeting of directors or shareholders at which another person is to be appointed or elected to fill the office of director, whether because of his or her resignation or removal, or because his or her term of office has expired or is about to expire,
may submit to the company a written statement giving the reasons for his or her resignation or the reasons why he or she opposes any proposed action or resolution.
(3) The company shall send a copy of the statement referred to in subsection (2) to the Registrar and to every shareholder entitled to receive notice of any meeting referred to in subsection (1).
(4) A company or person acting on its behalf does not incur any liability by reason only of circulating a director's statement in compliance with subsection (3).