Full legislation
s.80
Deposit to be held as security
From the time of the issue to any company of a certificate under
section
78
, the sum of money deposited under
section 77
must be held as
security for the depositors and creditors of the company and for the faithful
execution of all trusts which may be accepted by or imposed upon the company and for
its obligations generally.
(Amended
23 of 1975 s. 3
;
13 of 2013 s. 37
)