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CCQ-1991 - Civil Code of Québec

Section 2701.1
Disposition versions

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2701.1. A movable hypothec constituted by a securities intermediary on securities or security entitlements within the meaning of the Act respecting the transfer of securities and the establishment of security entitlements (chapter T-11.002) is deemed to be published by the sole fact of its constitution, and does not require registration.
If the securities intermediary has constituted two or more movable hypothecs on the same securities or security entitlements, the hypothecs rank concurrently among themselves, regardless of when they were published.
2008, c. 20, s. 134.
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