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V-1 - Securities Act

Section 77
Disposition versions

Full text
77. Any proceeding contemplated in paragraph g of section 52 shall entitle the party seriously prejudiced to proceed in rescission of the transaction, under reserve of any other legal recourse which he may have.
The action in rescission may be brought before the civil court of competent jurisdiction of the domicile of the injured party. It shall be prescribed by one year from the date of the transaction.
R. S. 1964, c. 274, s. 60.
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