Married Women's Property.
such corporation, company, public body or society as afore-said, which now or at any time hereafter is standing in the sole name of any married woman, or in the joint names of such married woman and any other persons or person not being her husband.
1.
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If any investment in any such deposit or annuity as aforesaid, or in any stocks or funds transferable as aforesaid, or in any share, stock, debenture or debenture stock of any corporation, company or public body, municipal, commercial or otherwise, or in any share, debenture, benefit, right or claim whatsoever in, to or upon the funds of any industrial, provident, friendly, benefit, building or loan society, has been made by a married woman by means of moneys of her husband, without his consent, the court may, upon an application under section 13, order such investment, and the dividends thereof, or any part thereof, to be transferred and paid respectively to the husband; and nothing in this Ordinance shall give validity as against creditors of the husband to any gift, by a husband to his wife, of any property which, after such gift, continues to be in the order and disposition or reputed ownership of the husband, or to any deposit or other investment of moneys of the husband made by or in the name of his wife in fraud of his creditors; but any moneys so deposited or invested may be followed as if this Ordinance had not passed.
Fraudulent with money 45 & 46 Vict.
investments
of husband.
8. A married woman may effect a policy upon her own life or the life of her husband for her own benefit; and the same and all benefit thereof shall enure accordingly. A policy of assurance effected by any man on his own life and expressed to be for the benefit of his wife, or of his children, or of his wife and children, or any of them, or by any woman on her own life and expressed to be for the benefit of her husband, or of her children, or of her husband and children, or any of them, shall create a trust in favour of the objects therein named, and the moneys payable under any such policy shall not, so long as any object of the trust remains unperformed, form part of the estate of the insured or be subject to his or her debts: Provided that, if it is proved that the policy was effected and the premiums paid with intent to defraud the creditors of the insured, they shall be entitled to receive, out of the moneys payable under the
425
c. 75, s. 10.
payable under
Moneys policy of not to form estate of 45 & 46 Vict.
assurance
part of
the insured.
c. 75, s. 11.