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  • SEC Opinion October 9, 1995

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    88isl
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    A party cannot transfer their contractual obligations to several new parties but can transfer to a single new party with the consent of the other party in the original contract through a novation which creates a new contract.

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    SEC Opinion October 9, 1995 Atty Gaviola Jr Issuance of stock certificate

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    A party cannot transfer their contractual obligations to several new parties but can transfer to a single new party with the consent of the other party in the original contract through a novation which creates a new contract.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    27 views1 page

    SEC Opinion October 9, 1995

    Uploaded by

    88isl
    A party cannot transfer their contractual obligations to several new parties but can transfer to a single new party with the consent of the other party in the original contract through a novation which creates a new contract.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    cannot transfer to several transferees; can transfer to single transferee w/ consent of corp (novation)

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