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C-44 - Gas, Water and Electricity Companies Act

Section 34
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34. No person holding stock in any company in the name of another shall be personally subject to any liability as stockholder of such company; but the property and stock in his hands shall be liable in like manner and to the same extent as they would be if the person, for whom the stock is held, held it in his own name.
R. S. 1964, c. 285, s. 34; 1999, c. 40, s. 73.
34. No person holding stock in any company in the name of another shall be personally subject to any liability as stockholder of such company; but the estates and funds in his hands shall be liable in like manner and to the same extent as they would be if the person, for whom the stock is held, held it in his own name.
R. S. 1964, c. 285, s. 34.
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