M-1 - Mortmain Act

Full text
9. In the case of acquisition of an immoveable without authorization by a person in mortmain or by a corporation whose capacity in that respect is limited, as well as in the case of the hypothecation or alienation of an immoveable without authorization by such a person or corporation, any acquirer or hypothecary creditor shall have, on such immoveable the same rights as if a special permit relating thereto had been granted.
This section shall apply to acquisitions, alienations and hypothecs made or granted before the 5th of March, 1964.
R. S. 1964, c. 276, s. 9.