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

Section 53
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53. A protected purchaser acquires rights in the security free of any adverse claim.
A protected purchaser is a purchaser who purchases a security for value, does not, at the time of the purchase, have notice of any adverse claim, and obtains control of the security.
2008, c. 20, s. 53.
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