ADVOKS GLOBAL · KENYA
General Loan and Stock Act
37. Creation, inscription, registration, issue, conversion and transfer of stock
Edition: 1963-12-12 · In force
37. Creation, inscription, registration, issue, conversion and transfer of stock
The Crown Agents may from time to time, at the request of the Minister, make arrangements for all or any of the following things—(a)for inscribing and registering stock in their books;(b)for managing the creation, inscription, registration and issue of stock, including the issue of certificates of title in respect of that stock;(c)for effecting the conversion of loans into stock;(d)for paying interest on stock and managing the transfers thereof;(e)for issuing stock certificates to bearer, and, as often as occasion requires, re-inscribing or re-registering them;(f)for effecting the exchange or conversion of inscribed stock into registered stock.