§ 130AC — Transfer by personal representative

130AC.—(1) A transfer of the share, debenture or other interest of a deceased person made by the deceased person’s personal representative is, although the personal representative is not himself or herself a member of the company, as valid as if he or she had been such a member at the time of the execution of the instrument of transfer.[36/2014]

(2) The production to a company of any document which is by law sufficient evidence of probate of the will, or letters of administration of the estate, of a deceased person having been granted to some person must be accepted by the company, despite anything in its constitution, as sufficient evidence of the grant.[36/2014]

(3) In this section, “instrument of transfer” includes a written application for transmission of a share, debenture or other interest to a personal representative.[36/2014]

—(1) A transfer of the share, debenture or other interest of a deceased person made by the deceased person’s personal representative is, although the personal representative is not himself or herself a member of the company, as valid as if he or she had been such a member at the time of the execution of the instrument of transfer.[36/2014]

(2) The production to a company of any document which is by law sufficient evidence of probate of the will, or letters of administration of the estate, of a deceased person having been granted to some person must be accepted by the company, despite anything in its constitution, as sufficient evidence of the grant.[36/2014]

(3) In this section, “instrument of transfer” includes a written application for transmission of a share, debenture or other interest to a personal representative.[36/2014]