CmaBylaw
Executive Bylaws
12-28 Of Module Eleven: Dealing in Securities
Section: Chapter Twelve: Bond Regulations
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Tuesday, 14 February 2017
An Obligor may, within fifteen Business Days of receiving the notification referred to in Article (12-27) in this Module, take the necessary actions for making a notation of the Board resolution indicated in this Module on the Commercial Register and recommending to the Clearing Agency, which maintains the register of the Obligor’s shareholders, to issue Shares and divide them among the beneficiaries.
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