The Tender For Law

Volume 4

Dec 05, 2013 9:06 AM

Derek Moran

Also a year ago- Dean Clifford himself messaged me after he noticed the info i was posting on his page and suggested i read the Financial Administration Act and tell him what popped-out at me, well this was it:

Not bound to execute trusts

59. Her Majesty and a fiscal agent or registrar acting as such are not bound to see to the execution of any express or implied trust to which any securities are subject.

http://laws-lois.justice.gc.ca/eng/acts/F-11/page-29.html#docCont