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

Section 84 Disposition versions

2009-01-01

84. Subject to section 82, a dealer acting for a client makes to the issuer or a purchaser the warranties set out in sections 65 to 68, 79 and 81.

A dealer that delivers a security certificate to the dealer’s client makes to the dealer’s client the warranties set out in sections 65 and 79 and has the rights of a purchaser provided under sections 65, 79, 82 and 83.

A dealer that causes the dealer’s client to be registered as the holder of an uncertificated security makes to the client the warranties set out in sections 67 and 80 and has the rights of a purchaser provided under those sections.

The warranties of and in favour of a dealer under this section are in addition to the warranties given by and in favour of the dealer’s client.

2008, c. 20, s. 84.