Cooperative Credit Associations Act

Marginal note:Entry in securities register

• 458 (1) An entry in the securities register of, or on a security certificate issued by, an association is evidence that the person in whose name the security is registered is the owner of the securities described in the register or in the certificate.

• Marginal note:Entry in members register

  (2) An entry in the members register of an association is evidence that the person in whose name a membership share is registered is a member of that association and the owner of that membership share.