Joint Stock Companies Act 1856

Disposition in Security according to Scotch Law.

XLVII. In any Disposition of Heritable Property granted according to Scotch Law, by any Company registered under this Act there shall be implied, unless Words expressly excluding such Implication are contained therein, an Obligation of absolute Warrandice, and an Obligation to complete the Company’s Title at its own Expense so far as necessary to validate or give full Effect to such Disposition, and an Obligation to grant also at its own Expense any further Deeds which may be necessary to render such Disposition effectual.