V-1.1 - Securities Act

Full text
147.6. (Replaced).
1984, c. 41, s. 40; 1987, c. 40, s. 11; 2001, c. 38, s. 50; 2006, c. 50, s. 41.
147.6. The offeror is bound, if the terms of the bid are met, to take up and pay for the securities within the time fixed by regulation.
Any securities taken up by the offeror shall, nevertheless, be paid for by the offeror as soon as possible, and in any event within the time fixed by regulation.
1984, c. 41, s. 40; 1987, c. 40, s. 11; 2001, c. 38, s. 50.
147.6. The offeror is bound, if the terms of the bid are met, to take up and pay for the securities within 10 days from the expiry of the bid.
Any securities taken up by the offeror shall, nevertheless, be paid for by the offeror as soon as possible, and in any event not more than three days after the taking up of the securities.
1984, c. 41, s. 40; 1987, c. 40, s. 11.
147.6. The offeror is bound, if the terms of the bid are met, to take up and pay for the securities within 10 days from the expiry of the bid.
The offeror shall, nevertheless, pay within 10 days for any security taken up before the expiry of the bid.
1984, c. 41, s. 40.