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

211 Presumption of delivery

Current to 2023-12-07 · Official PDF

Delivery of a security to a purchaser occurs when
(a) the purchaser or a person designated by the purchaser
acquires possession of it,
(b) the purchaser's securities broker acquires possession of a
security specially endorsed to or issued in the name of the
purchaser,
(c) the purchaser's securitie s broker sends the purchaser
confirmation of the purchase and the broker in the broker's
records identifies a specific security as belonging to the
purchaser, or
(d) in respect of an identified security to be delivered while still
in the possession of a third person, that person
acknowledges that it is held for the purchaser.