CmaBylaw
Executive Bylaws
9-5 Of Module Eleven: Dealing in Securities
Section: Chapter Nine: Pledge of Securities
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Tuesday, 14 February 2017
There shall be a notation of the pledge of registered Securities on the Clearing Agency’s register made in the presence of the debtor, creditor pledgee and In-Kind Guarantor, if any, or their legal representatives, after providing the Clearing Agency with a true original copy of the pledge agreement signed by them. There shall be a notation of the pledge of Investment Portfolios on the account of such portfolios by the Investment Portfolio Manager by virtue of an agreement to be signed by the portfolio owner, creditor pledgee and Investment Portfolio Manager.
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