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

Section 93 Disposition versions

2009-01-01

93. An issuer is not liable, to an appropriate person who initiated a demand that the issuer not register a transfer, for any loss that the person suffers as a result of the registration of a transfer in accordance with an effective endorsement or instruction if the person has not, within the time allotted, either obtained a judgment enjoining the issuer from registering the transfer or furnished the security required by the issuer.

2008, c. 20, s. 93.