CmaBylaw
Executive Bylaws
10-11 Of Module Eleven: Dealing in Securities
Section: Chapter Ten: Attachment of Securities
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Tuesday, 14 February 2017
It is permitted for any creditor with a debt that existed, determined and due to attach the debtor’s rights held by Issuers, Obligors and other Securities, Investment Portfolio, profits, returns and rights due to the debtor even if such rights are deferred or conditional. If the attachment is not imposed on a specific Security or right arising therefrom, it shall include all the execution debtor’s Securities, profits, returns and rights arising thereto which is held by third party at the time of attachment in addition to any further rights arising therefrom until the time of issuance of a report disclosing what they held in their custody.
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