C-44 - Gas, Water and Electricity Companies Act

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82. The bonds or other debt securities, future calls or other securities so granted and pledged as securities for money borrowed shall be equitably and rateably liquidated or paid out of the funds or receipts of the company, without preference to any of such securities over the other.
R. S. 1964, c. 285, s. 82; 1999, c. 40, s. 73.
82. The bonds, debentures, future calls or other securities so granted and pledged as securities for money borrowed shall be equitably and rateably liquidated or paid out of the funds or receipts of the company, without preference to any of such securities over the other.
R. S. 1964, c. 285, s. 82.