24.1(1)Subject to section 19, a security interest in investment property may be perfected by control of the collateral under subsection 1(2).
24.1(2)Subject to section 19, a security interest in investment property is perfected by control under subsection 1(2) from the time the secured party obtains control and remains perfected by control until
(a)
the secured party does not have control, and
(b)
one of the following occurs:
(i)
if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;
(ii)
if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or
(iii)
if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.