Topical Terminology > Agent - Section 427 Of The Bank Act
1 Definition
Agent - Section 427 of the Bank Act
For Agent - Section 427 of the Bank Act we have a term and definition in Insolvency.
Agent - Section 427 Of The Bank Act (Insolvency) 
A person, usually a Trustee in Bankruptcy, appointed by a bank to realize on its security as defined under Section 427 of the Bank Act. The security covered is inventory.
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