Bankruptcy and Insolvency Act
Marginal note:Proof by secured creditor
127 (1) Where a secured creditor realizes his security, he may prove the balance due to him after deducting the net amount realized.
Marginal note:May prove whole claim on surrender
(2) Where a secured creditor surrenders his security to the trustee for the general benefit of the creditors, he may prove his whole claim.
- R.S., c. B-3, s. 98
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