Older Uniform Acts

Securities Transfer Act



DIVISION 2  - ACQUISITION OF SECURITY OR FINANCIAL ASSETS OR INTEREST IN THEM

Acquisition of security


21    A person acquires a security, or an interest in a security, under this Act, if the person
(a)    is a purchaser to whom a security is delivered pursuant to section 79, or
(b)    acquires a security entitlement to the security pursuant to section 106.

Acquisition of financial asset

22    A person acquires a financial asset, other than a security, or an interest therein, under this Act, if the person acquires a security entitlement to the financial asset pursuant to section 106.

Rights

23    A person who acquires a security entitlement to a financial asset has the rights set out in Part 6 but is a purchaser of any security, security entitlement or other financial asset held by a securities intermediary only to the extent provided in section 108.

Operation of Act re other laws

24    Unless the context of another statute, law, regulation, rule or agreement provides otherwise, a person who is required by that other statute, law, regulation, rule or agreement to transfer, deliver, present, surrender, exchange or otherwise put in the possession of another person a security or other financial asset satisfies that requirement by causing the other person to acquire an interest in the security or financial asset as set out in section 21 or 22.

Next Annual Meeting

2020 Annual Meeting

Place to be Announced

August 9 – 13, 2020