T-11.002 - Act respecting the transfer of securities and the establishment of security entitlements

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59. An endorsement of a security certificate may be in blank or special.
An endorsement in blank includes an endorsement to bearer.
For an endorsement to be a special endorsement, the endorsement must specify to whom the security is to be transferred or who has the power to transfer the security.
The certificate holder may convert an endorsement in blank to a special endorsement.
2008, c. 20, s. 59.