C-24.2 - Highway Safety Code

Full text
152. (Repealed).
1986, c. 91, s. 152; 1990, c. 19, s. 11; 1996, c. 56, s. 44; 2015, c. 4, s. 27.
152. Every person applying for a dealer’s licence must furnish security to the Société.
Such security guarantees, in the case of the sale by a dealer of the property of a third person, reimbursement of the amount paid to the purchaser by the true owner as a condition for revendication of his road vehicle. The dealer and the surety are solidarily liable for the reimbursement of the amount paid by the true owner.
Such security also guarantees execution of a judgment or of a transaction terminating a civil suit instituted under the Consumer Protection Act (chapter P-40.1), opposing a consumer and the holder of a licence.
The following persons have no remedy against the surety in respect of a road vehicle that has been sold:
(1)  the transferee of a contract of sale of a road vehicle where the contract has a reserve of ownership;
(2)  a road vehicle dealer who has reserved the ownership of a road vehicle that he has sold.
1986, c. 91, s. 152; 1990, c. 19, s. 11; 1996, c. 56, s. 44.
152. Every person applying for a dealer’s licence must furnish security to the Société.
Such security guarantees to the owner of a stolen road vehicle, sold by the dealer, reimbursement of the price the owner has paid to any buyer of the vehicle in order to recover possession thereof by way of revendication as stolen property. The dealer and his surety are jointly and severally liable for the reimbursement of the price paid by the owner.
Such security also guarantees execution of a judgment or of a transaction terminating a civil suit instituted under the Consumer Protection Act (chapter P-40.1), opposing a consumer and the holder of a licence.
1986, c. 91, s. 152; 1990, c. 19, s. 11.
152. Every person applying for a dealer’s licence must furnish security to the Régie.
Such security guarantees to the owner of a stolen road vehicle, sold by the dealer, reimbursement of the price the owner has paid to any buyer of the vehicle in order to recover possession thereof by way of revendication as stolen property. The dealer and his surety are jointly and severally liable for the reimbursement of the price paid by the owner.
Such security also guarantees execution of a judgment or of a transaction terminating a civil suit instituted under the Consumer Protection Act (chapter P-40.1), opposing a consumer and the holder of a licence.
1986, c. 91, s. 152.