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T-11.002 - Act respecting the transfer of securities and the establishment of security entitlements

Section 37
Disposition versions

Full text
37. A restriction on the transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against a person without knowledge of the restriction unless
(1)  the security is a certificated security and the restriction is noted conspicuously on the security certificate; or
(2)  the security is an uncertificated security and the registered holder has received notice of the restriction.
2008, c. 20, s. 37.
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