A-32 - Act respecting insurance

Section 93.247 Disposition versions

2003-02-28

93.247. A guarantee fund may acquire and hold bonds or other evidences of indebtedness

(1)  issued or guaranteed by Québec or Canada;

(2)  issued by a legal person, commission or association of which at least 90% of the shares, capital or property are owned by Québec;

(3)  issued by a municipality, by a school board of Québec or by the Comité de gestion de la taxe scolaire de l’île de Montréal;

(4)  secured by the assignment to a trustee of an undertaking of Québec to pay sufficient annual subsidies for the payment of interest and capital on their respective maturity dates;

(5)  issued by a public authority having as its object the operation of a public service and empowered to impose a tariff for the service.

1985, c. 17, s. 6; 1988, c. 84, s. 545; 1996, c. 2, s. 78; 1996, c. 63, s. 29, s. 80, s. 81; 2002, c. 75, s. 33.

1996-12-23

93.247. A guarantee fund may acquire and hold bonds or other evidences of indebtedness

(1)  issued or guaranteed by Québec or Canada;

(2)  issued by a legal person, commission or association of which at least 90 % of the shares, capital or property are owned by Québec;

(3)  issued by a municipality, by a school board of Québec or by the Conseil scolaire de l’île de Montréal;

(4)  secured by the assignment to a trustee of an undertaking of Québec to pay sufficient annual subsidies for the payment of interest and capital on their respective maturity dates;

(5)  issued by a public authority having as its object the operation of a public service and empowered to impose a tariff for the service.

1985, c. 17, s. 6; 1988, c. 84, s. 545; 1996, c. 2, s. 78; 1996, c. 63, s. 29, s. 80, s. 81.

1996-05-08

93.247. A corporation may acquire and hold bonds or other evidences of indebtedness

(1)  issued or guaranteed by Québec or Canada;

(2)  issued by a corporation, commission or association of which at least 90 % of the shares, capital or property are owned by Québec;

(3)  issued by a municipality, by a school board of Québec or by the Conseil scolaire de l’île de Montréal;

(4)  secured by the transfer to a trustee of an undertaking of Québec to pay sufficient annual subsidies for the payment of interest and capital on their respective maturity dates;

(5)  issued by a public authority having as its object the operation of a public service and empowered to impose a tariff for the service.

1985, c. 17, s. 6; 1988, c. 84, s. 545; 1996, c. 2, s. 78.

1989-07-01

93.247. A corporation may acquire and hold bonds or other evidences of indebtedness

(1)  issued or guaranteed by Québec or Canada;

(2)  issued by a corporation, commission or association of which at least 90 % of the shares, capital or property are owned by Québec;

(3)  issued by a municipal corporation, by a school board of Québec or by the Conseil scolaire de l’île de Montréal;

(4)  secured by the transfer to a trustee of an undertaking of Québec to pay sufficient annual subsidies for the payment of interest and capital on their respective maturity dates;

(5)  issued by a public authority having as its object the operation of a public service and empowered to impose a tariff for the service.

1985, c. 17, s. 6; 1988, c. 84, s. 545.

1985-09-11

93.247. A corporation may acquire and hold bonds or other evidences of indebtedness

(1)  issued or guaranteed by Québec or Canada;

(2)  issued by a corporation, commission or association of which at least 90% of the shares, capital or property are owned by Québec;

(3)  issued by a municipal or school corporation of Québec;

(4)  secured by the transfer to a trustee of an undertaking of Québec to pay sufficient annual subsidies for the payment of interest and capital on their respective maturity dates;

(5)  issued by a public authority having as its object the operation of a public service and empowered to impose a tariff for the service.

1985, c. 17, s. 6.