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P-40.1 - Consumer Protection Act

Section 260.12
Disposition versions

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260.12. No authorized trust company with which a reserve account has been opened may permit that the reserve account funds be applied otherwise than to one of the purposes set out in section 260.11 and on presentation of the proper supporting documents.
1988, c. 45, s. 2; 2018, c. 23, s. 786.
260.12. No trust company with which a reserve account has been opened may permit that the reserve account funds be applied otherwise than to one of the purposes set out in section 260.11 and on presentation of the proper supporting documents.
1988, c. 45, s. 2.
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