A-6.001, r. 10 - Regulation respecting the replacement of certificates evidencing the existence of bonds or other debt securities

Section 8 Disposition versions

2012-09-01

8. Where a bank or credit union requests the replacement or redemption of a lost, stolen or destroyed security, the Minister shall accept a declaration of responsibility in accordance with section 7 instead of the suretyship required under paragraph 3 of section 3.

The same applies where a person requests the replacement or redemption of a registered security lost, stolen or destroyed, or where total claims filed by a person on his own behalf during the 12 months prior to the request for replacement or redemption of a lost, stolen or destroyed security do not exceed $250, or in the case of a savings bond.

O.C. 1261-85, s. 8.