Versions of s. 123(1)

Historical text comes from the Justice Laws point-in-time corpus and is unofficial — not the official version.

2003-01-01 to present available View Source

Unless otherwise agreed, a transferor shall, on demand, supply a purchaser with proof of the transferor’s authority to transfer a security or with any other requisite that is necessary to obtain registration of the transfer of a security, but if the transfer is not for value, it is not necessary for a transferor to prove authority to transfer unless the purchaser pays the reasonable and necessary costs of the proof and transfer.