C-53 - Act respecting bills of lading, receipts and transfers of property in stock

Section 35 Disposition versions

1984-07-03

35. In no case where the transferee elects to sell the transferred property himself may the sale be effected until five days after he has sent notice of it to the transferor at his last known address by registered or certified mail, unless the property is perishable or he considers that such formality could result in a significant reduction of its value.

1982, c. 55, s. 2.