The Tender For Law

Volume 3

Sep 06, 2013 10:44 PM

Derek Moran

Bev- the Feds make TRANSFER PAYMENTS to the Provinces from out of the Federal Consolidated Revenue Fund.....the Provinces, then put that money into their own CRF. More specifically though- the feds make TRANSFER PAYMENTS in accordance to this definition from Black's 9th...

RECEIVER'S CERTIFICATE: Bankruptcy. An instrument issued by a receiver as evidence that the HOLDER is ENTITLED to receive payment from funds controlled by the bankruptcy court.