Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Cooperatives Act

Part 9 — Security Certificates, Registers and Transfers Division 1 Interpretation and Application

171 Evidence of ownership

Current to 2023-12-07 · Official PDF

If a cooperative restricts the right to transfer its investment
shares, the cooperative may, despite section 170, treat a person as
the registered holder of a security if the person provides the
cooperative with evidence that reasonably meets the requirements
of the cooperative that the person is
(a) the heir of a deceased secur ity holder, or the fiduciary of the
estate or succession of a deceased security holder, or of a
registered security holder who is a minor, an incompetent or
incapable person or a missing person, or

(b) a liquidator of, or a trust ee in bankruptcy for, a registered
security holder.