CCQ-1991 - Civil Code of Québec

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2677. A hypothec on certain and determinate shares of the capital stock of a legal person subsists upon the shares or other securities received or issued on the purchase, redemption, conversion or cancellation or any other transformation of the hypothecated shares. Publication of the hypothec by registration subsists only if the registration is renewed against the shares or other securities received or issued.
The creditor may not object to the transformation by reason of his hypothec.
1991, c. 64, a. 2677; 2008, c. 20, s. 132; I.N. 2014-05-01.
2677. A hypothec on certain and determinate shares of the capital stock of a legal person subsists on the shares or other securities received or issued on the purchase, redemption, conversion or cancellation or any other transformation of the hypothecated shares. Publication of the hypothec by registration subsists only if the registration is renewed against the shares or other securities received or issued.
The creditor may not object to the transformation on the ground of his hypothec.
1991, c. 64, a. 2677; 2008, c. 20, s. 132.
2677. A hypothec on shares of the capital stock of a legal person subsists on the shares or other securities received or issued on the purchase, redemption, conversion or cancellation or any other transformation of the hypothecated shares, provided the registration of the hypothec is renewed against the shares or other securities received or issued.
The creditor may not object to the transformation on the ground of his hypothec.
1991, c. 64, a. 2677.