D-7 - Act respecting municipal debts and loans

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38. The moneys managed by the Minister of Finance in conformity with this division and the interest accrued thereon shall be unseizable, save and except in execution of a final judgment from a competent court rendered in favor of the lender, or of one or more of the bondholders, for whose benefit the sinking fund has been created.
The moneys seized shall be distributed rateably amongst all the holders of the bonds.
R. S. 1964, c. 171, s. 37; 2016, c. 72016, c. 7, s. 183.
38. The moneys deposited in conformity with this division and the interest accrued thereon shall be unseizable, save and except in execution of a final judgment from a competent court rendered in favor of the lender, or of one or more of the bondholders, for whose benefit the sinking fund has been created.
The moneys seized shall be distributed rateably amongst all the holders of the bonds.
R. S. 1964, c. 171, s. 37.