A-13.1 - Act respecting assistance for tourist development

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27. (Repealed).
1979, c. 34, s. 27; 1983, c. 54, s. 3.
27. Where a lender other than the Corporation sustains a loss with respect to a loan, he may, provided that he complies with the conditions prescribed by regulation, file a claim for the repayment contemplated in section 16 and the fund must make payment thereof.
The Corporation is subrogated in the rights of a lender paid by the fund in this manner.
1979, c. 34, s. 27.