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

Section 77
Disposition versions

Full text
77. The warranties under this subdivision are made to a person taking or dealing with the security in reliance on the guarantee and the guarantor is liable to the person for any loss resulting from any breach of those warranties.
An endorser or an originator of an instruction whose signature, endorsement or instruction has been guaranteed is liable to a guarantor for any loss resulting from any breach of the warranties of the guarantor.
2008, c. 20, s. 77.
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