# British North America Act 1867, Section 107: Transfer of stocks, &c.


All stocks, cash, banker’s balances, and securities for money belonging to each province at the time of the union, except as in this Act mentioned, shall be the property of Canada, and shall be taken in reduction of the amount of the respective debts of the provinces at the union.

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Source: https://www.legislation.gov.uk/ukpga/Vict/30-31/3/section/107 (the official version)
Page: https://openlegislation.uk/british-north-america-act-1867/section-107
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.