STOCK, SHARES TO WHICH A MARRIED WOMAN IS ENTITLED

All deposits or savings at the bank, all annuities, all stocks or funds transferable at a company which at the commencement of the Married Women’s Property Act 1882 are standing in the sole name of a married woman, and all shares, stock, debentures, debentures stock, or other interests of or in any corporation, company or public body, municipal, commercial or otherwise, or of or in any industrial, provident, friendly, benefit, building or loan society, which at the commencement of this Act are standing in the name of a married woman shall be deemed, unless and until the contrary be shown to be the separate property of such married woman, and the fact that any such deposit, annuity, sum forming part of the public stocks or funds, or of any other stocks or funds transferable in any bank, share, stock, debenture, debenture stock, or other interest as aforesaid, is standing in the sole name of a married woman shall be sufficient prima facie evidence that she is beneficially entitled thereto for her separate use, so as to authorize and empower her to receive or transfer the same, and to receive the dividends, interest and profits thereof without the concurrence of her husband and to indemnify all directors, managers, trustees of every such bank, corporation, company, public body, or society as aforesaid.

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