I-13.02 - Act respecting the Institut de tourisme et d’hôtellerie du Québec

Section 21 Disposition versions

1999-10-22

21. The institute, unless so authorized by the Government, shall not

(1)  build, acquire, alienate or lease an immovable or offer an immovable as security;

(2)  make a financial commitment beyond the limits or terms and conditions determined by the Government;

(3)  contract a loan which increases the total of its unrepaid borrowings to an amount that exceeds the amount determined by the Government.

1988, c. 11, s. 21; 1999, c. 40, s. 157.

1988-06-30

21. The institute, unless so authorized by the Government, shall not

(1)  build, acquire, alienate, lease out or otherwise assign an immovable or offer an immovable as security;

(2)  make a financial commitment beyond the limits or terms and conditions determined by the Government;

(3)  contract a loan which increases the total of its unrepaid borrowings to an amount that exceeds the amount determined by the Government.

1988, c. 11, s. 21.