Bill 99 (Legislature 12, Session 1)

L12 S1 6767

Alberta — Bills

Bill No. 99 of A BILL TO AMEND THE TRUSTEE ACT NOTE This Bill amends The Trustee Act, being

chapter of the Revised Statutes of Alberta,

Section 3, subsection (1) is an1ended. The investment of trust funds in the debentures of Canadian municipalities is permitted by this amendment. Heretofore such funds could be invested in the debentures of Alberta municipalities but not in the debentures of extra-:provincialmunicipalities. This Bill comes into force upon assent. J. W. RYAN, A.cting Legislati1)e Cou1'Uiel. (This note does not form any part of the Bill but is olfered in explanation of its provisions.) BILL No. 99 of

An Act to amend The Trustee Act ( Assented to , 1953) HER MAJESTY, by and with the advice and consent of the Legislative Assemibly of the Province of Alberta, enacts as follows: 1. The Trustee Act, being cha'pter of the Revised Statutes of Alberta, 1942, is hereby amended. 2.

Section is am.ended by adding at the end of subsec-

Section tion (1) the words ", or in the debentures of any munici- amended pality of any other province of Canada". 3. This Act comes into force on the day upon which it is Coming Into assented to. . force No. 99 FIRST SESSION lWELITH LEGISLATURE ELIZABETH II BILL

An Act to amend The Trustee Act Received and read the First time Second time Third time. RON. MR. MAYNARD Title: 1953 (12th, 1st) Bill 99,

An Act to amend The Trustee Act

Document details

Collection	Alberta — Bills
Citation	L12 S1 6767
Type	bill
Volume / chapter	L12 S1 6767
Language	en
Format	json
Source	PROVINCIAL
Identifier	e4578a8db8d7bbdb4958c5d29e4d01a49d56538b

Source file is stored in the law ingest library (json).