CTHRepealedLegislation
Commonwealth Inscribed Stock Regulations
37Payment of interest where infant is sole owner
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37 Payment of interest where infant is sole owner
Interest on stock inscribed in the name of an infant solely shall be paid as directed by him, but if the infant has not attained the age of fourteen years, interest may be paid at the discretion of the Registrar to the infant’s parent or guardian, whose receipt shall be a valid discharge.