Part 9 — Security Certificates, Registers and Transfers Division 1 Interpretation and Application
160 Division 2 Security Certificates Security certificate
certificate need be issued.
(2) Every security holder is entitled, at the security holder's option,
to obtain from the cooperative
(a) a security certificate that complies with this Act, or
(b) a non-transferabl e written acknowledgment of the security
holder's right to obtain a security certificate.
(3) Subsection (2) does not apply to a debt obligation or a
certificate evidencing such a debt obligation.
(4) A security certificate may be issued in an electronic form.
2001 cC-28.1 s160;2022 c16 s3(34)