The maximum whole amount that could be paid in respect of claims referring to the accountable brokerage, after the date one of many occasions referred to in subsection , or occurs, is the prescribed quantity. A determination by the superintendent that a licensee has caused compensable loss is not, for the needs of Part 4, a willpower that the licensee has committed wrongful taking. If the particular person is a licensee, restrictions or situations on the licence. An enterprise given by a licensee or an unlicensed person underneath this part is binding on the licensee or unlicensed particular person. Cease or refrain from doing anything that the licensee or the unlicensed individual is prohibited from doing under this Act.
- As actual property investments, REITs are lined by some laws that don’t affect typical corporate fairness funds, including a authorized obligation to move a minimal of 90% of earnings through to