C-37.2 - Act respecting the Communauté urbaine de Montréal

Full text
286.2. (Replaced).
1982, c. 18, s. 121; 1985, c. 31, s. 23.
286.2. Notwithstanding any inconsistent legislative provision, the securities of the Commission may be issued in one of the following forms or as a combination thereof:
(1)  fully registered securities;
(2)  securities that may be registered for the principal only; or
(3)  securities payable to the bearer.
The Commission may prescribe the mode of transfer or negotiation of its securities and the formalities to be fulfilled for that purpose. However, a bearer security is negotiable by mere delivery and is not subject to registration unless otherwise stipulated.
1982, c. 18, s. 121.