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C-25.01 - Code of Civil Procedure

Section 723
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723. Certificated securities are seized by seizing certificates, through service of the notice of execution on the person holding the certificates and on the issuer or the issuer’s transfer agent in Québec. If certificates that should have been issued were not issued, the securities are seized in the hands of the issuer, who is then required to issue a certificate in the debtor’s name and hand it over to the bailiff.
Uncertificated securities or security entitlements to financial assets are seized by serving the notice of execution on the issuer or on the securities intermediary that maintains the debtor’s securities account, as applicable.
2014, c. 1, a. 723.
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