Hometime

Hometime · Alberta legislation

RTA Residential Tenancies Act

RTA · Civil Enforcement Act

Part 6 — Special Seizure Mechanisms

58 Duties of Alberta private company

Current to 2024-06-01 · Official PDF

An Alberta private company that has been served with a notice
of seizure regarding a security of which the enforcement debtor is
the registered holder shall do the following:
(a) send to the agency any documents and allow the agency to
inspect any records that the enforcement debtor, as the
registered holder of the security, is entitled to receive or
inspect;

RSA 2000

(b) pay to the agency any divid end or other payment in respect
of the security that would otherwise be payable by the
Alberta private company to the enforcement debtor;
(c) comply with any direction given by the agency regarding
the seized security where the Alberta private company
would be required to comply with the direction if that
direction was given by the enforcement debtor while the
security was not under seizure.
RSA 2000 cC-15 s58;2006 cS-4.5 s107