C-44 - Gas, Water and Electricity Companies Act

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35. No person holding stock as collateral security shall be personally subject to any liability as stockholder of such company, but the person pledging such stock shall be deemed to be holding the same, and shall be liable as a stockholder accordingly.
R. S. 1964, c. 285, s. 35; 1999, c. 40, s. 73.
35. No person holding stock as collateral security shall be personally subject to any liability as stockholder of such company, but the person pledging such stock shall be considered as holding the same, and shall be liable as a stockholder accordingly.
R. S. 1964, c. 285, s. 35.