619.Uncertificated or certificated securities or security entitlements to financial assets may also be seized through service of a writ of seizure by garnishment on a secured creditor if
(1) the certificates representing the securities are in the secured creditor’s possession;
(2) the uncertificated securities are registered in the secured creditor’s name in the issuer’s records; or
(3) the security entitlements to financial assets are held in the secured creditor’s name in a securities account maintained by a securities intermediary for the debtor.
1965 (1st sess.), c. 80, a. 619; 2008, c. 20, s. 144.
619.The seizure of shares under articles 617 and 618 carries with it the seizure by garnishment of the dividends and any other rights attached thereto.