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A-6.001, r. 9 - Regulation respecting savings products

Section 59
Disposition versions

Full text
59. A security may be charged with a hypothec only if
(1)  the security is a savings product that has been declared a savings product that may be hypothecated; and
(2)  the hypothec is granted to a financial institution that is a bank, a trust company, a savings company or a savings and credit union, or to the Québec Government as tender or performance security in respect of the contracts it awards.
O.C. 1129-2008, s. 59.
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