Part 9 — Security Certificates, Registers and Transfers Division 1 Interpretation and Application
167 Division 3 Registers Securities register
securities register in which it records the securities issued by it in
registered form, showing with respect to each class or series
(a) the names and the latest kn own address of each person who
holds or previously held the security,
(b) the number of s ecurities held by each security holder, and
(c) the date and par ticulars of the issue and transfer of each
security.
(2) A cooperative must keep the information entered in the
securities register referred to in subsection (1) for the period of
time prescribed in the regulations.
(3) The securities register must be maintained at the cooperative's
registered office or at any other place in Canada designated by the
directors.
(4) A cooperative may maintain additional branch securities
registers in other places designated by the directors.
(5) A branch securities register must contain particulars only of
securities issued or transferred at the branch.
(6) The information referred to in subsection (5) must also be
recorded in the register referred to in subsection (3).
(7) A cooperative or its agent or a trustee as defined in section
247(e) is not required to produce
(a) a cancelled security certif icate in registered form, an
instrument referred to in section 124(1) or (4) that is
cancelled or a like cancelled instrument in registered form 6
years after the date of its cancellation,
(b) a cancelled security cer tificate in bearer form or an
instrument referred to in section 124(1) or (4) that is
cancelled or a like cancelled instrument in bearer form after
the date of its cancellation, or
(c) an instrument referred to in section 124(1) or (4) or a li ke
instrument, irrespective of its form, after the date of its
expiration.
2001 cC-28.1 s167;2022 c16 s3(37)