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

Section 4 Disposition versions

1977-12-31

4. All advances made on the security of any bill of lading, receipt, acknowledgment or certificate, shall give and be held to give to the person making such advances, a claim for the repayment of such advances on the grain, goods, wares or merchandise therein mentioned, prior to any by preference over the claim of any unpaid vendor.

R. S. 1964, c. 318, s. 4.