Hyperlawhypertext legal database Bankruptcy and Insolvency Act

← Historical versions

Versions of s. 13.4(1)

B-3 — Bankruptcy and Insolvency Act · 4 versions · View current text

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

  1. 2019-11-01 to present available View Source
    No trustee may, while acting as the trustee of an estate, act for or assist a secured creditor to assert a claim against the estate or to realize or otherwise deal with a security that the secured creditor holds, unless the trustee has obtained a written opinion from independent legal counsel that the security is valid and enforceable against the estate.
    Full text

    No trustee may, while acting as the trustee of an estate, act for or assist a secured creditor to assert a claim against the estate or to realize or otherwise deal with a security that the secured creditor holds, unless the trustee has obtained a written opinion from independent legal counsel that the security is valid and enforceable against the estate.

  2. 2009-09-18 to present View Source
    No trustee shall,may, while acting as the trustee of an estate, act for or assist a secured creditor of the estate to assert anya claim against the estate or to realize or otherwise deal with thea security that the secured creditor holds, unless the trustee has obtained a written opinion offrom aindependent legal counsel who does not act for the secured creditor that the security is valid and enforceable as against the estate.
    Full text

    No trustee may, while acting as the trustee of an estate, act for or assist a secured creditor to assert a claim against the estate or to realize or otherwise deal with a security that the secured creditor holds, unless the trustee has obtained a written opinion from independent legal counsel that the security is valid and enforceable against the estate.

  3. 2004-12-15 to 2009-09-18 View Source
    No trustee shall, while acting as the trustee of an estate, act for or assist a secured creditor of the estate to assert any claim against the estate or to realize or otherwise deal with the security that the secured creditor holds, unless the trustee has obtained a written opinion of a solicitorlegal counsel who does not act for the secured creditor that the security is valid and enforceable as against the estate.
    Full text

    No trustee shall, while acting as the trustee of an estate, act for or assist a secured creditor of the estate to assert any claim against the estate or to realize or otherwise deal with the security that the secured creditor holds, unless the trustee has obtained a written opinion of a legal counsel who does not act for the secured creditor that the security is valid and enforceable as against the estate.

  4. 2002-12-31 to 2004-12-15 View Source

    No trustee shall, while acting as the trustee of an estate, act for or assist a secured creditor of the estate to assert any claim against the estate or to realize or otherwise deal with the security that the secured creditor holds, unless the trustee has obtained a written opinion of a solicitor who does not act for the secured creditor that the security is valid and enforceable as against the estate.