Acts and Regulations

S-5.5 - Securities Act

Section 154
Disposition versions

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Standard of reasonableness
154In determining what constitutes reasonable investigation or reasonable grounds for belief for the purposes of sections 149, 151, 153 and 153.1, the standard of reasonableness shall be that required of a prudent person in the circumstances of the particular case.
2007, c.38, s.165
Standard of reasonableness
154In determining what constitutes reasonable investigation or reasonable grounds for belief for the purposes of sections 149, 151 and 153, the standard of reasonableness shall be that required of a prudent person in the circumstances of the particular case.