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B-1.1, r. 9 - Regulation respecting the professional qualification of contractors and owner-builders

Section 34
Disposition versions

Full text
34. If the security is provided by the contractor for itself, the contractor must undertake to pay, up to the amount of security required, the principal, interest and costs awarded by a final judgment rendered against the contractor or agreed upon in an agreement or a transaction between the client and the contractor and settling a dispute arising from the compensation of a client who sustained a loss referred to in section 25. The undertaking must bind the directors, heirs and legal representatives of the contractor.
O.C. 314-2008, s. 34; O.C. 724-2018, s. 2.
34. If the security is provided by the contractor for itself, the contractor must undertake to pay, up to the amount of security required, the principal, interest and costs awarded by a final judgment rendered against the contractor or agreed upon in an agreement or a transaction between the client and the contractor or syndic and settling a dispute arising from the compensation of a client who sustained a loss referred to in section 25. The undertaking must bind the directors, heirs and legal representatives of the contractor.
O.C. 314-2008, s. 34.
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