S-8 - Act respecting the Société d’habitation du Québec

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68.11. The obligations of an owner of a housing immovable under an operating agreement are guaranteed by a legal hypothec in favour of the Société on the immovable for the amount of the financial assistance granted by the Société.
Despite article 2725 of the Civil Code, notice of a legal hypothec need not be served on the debtor if the operating agreement mentions the hypothec and this provision.
2013, c. 30, s. 7.