Government of Canada / Gouvernement du Canada
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Canada Grain Act

Version of section 111 from 2002-12-31 to 2013-07-31:

Marginal note:Transfer from holder to holder

  •  (1) A cash purchase ticket or elevator receipt in prescribed form entitling the holder named in that document to the payment of money or delivery of grain in accordance with the terms of the document, and the rights arising under the document, may be transferred from holder to holder by the endorsement and delivery of the document to the endorsee.

  • Marginal note:Exception

    (2) Subsection (1) does not apply to an elevator receipt issued by the operator of a licensed transfer elevator in prescribed form that has clearly appearing on the face of it the words “Not Negotiable”.

  • 1970-71-72, c. 7, s. 93

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