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Bank Act

Version of section 970 from 2012-12-19 to 2021-03-23:


Marginal note:Entry in securities register

  •  (1) An entry in the securities register of, or on a security certificate issued by, a bank or a bank holding company is evidence that the person in whose name the security is registered is the owner of the securities described in the register or in the certificate.

  • Marginal note:Entry in members register

    (2) An entry in the members register of a federal credit union is evidence that the person in whose name the membership share is registered is the owner of the membership share in the register.

  • 2001, c. 9, s. 183
  • 2005, c. 54, s. 134(F)
  • 2010, c. 12, s. 2088
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