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

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62. If a security certificate in registered form has been delivered to a purchaser without a necessary endorsement, the transfer is complete against the transferor on delivery.
However, the purchaser may become a protected purchaser only when the endorsement is supplied, and has a right to have any necessary endorsement supplied at any time.
2008, c. 20, s. 62.