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R-2.2, r. 1 - Regulation respecting the application of the Act respecting the collection of certain debts

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FORM N-36
(Revoked)
R.R.Q., 1981, c. R-2.2, r. 1, Form N-36; I.N. 2016-01-01 (NCCP); O.C. 1245-2017, s. 14.
FORM N-36
(s. 20)
SECURITY BY GROUP GUARANTEE BOND
BOND NO.
We, ______________________________, hereinafter called surety, stand surety solidarily for each member of the following group:
This commitment is made to the Minister of Finance, hereinafter called the obligee, for the sum required of the group member concerned by section 12 or 13, as the case may be, of the Regulation respecting the application of the Act respecting the collection of certain debts (chapter R-2.2, r. 1), in legal tender of Canada, a sum which we commit ourselves solidarily with that member, as well as our respective heirs, liquidators, administrators, successors and legal representatives, to pay to the obligee.
WHEREAS each member of the group named above operates or plans to operate the business of collection agent.
WHEREAS for the operation of this business, in accordance with the Act respecting the collection of certain debts (chapter R-2.2), hereinafter called the Act, each member of the group must furnish security in order to guarantee, firstly, the payment of the capital, interest and legal costs from any final judgment rendered against the member or his representative pursuant to section 49 of the Act and, secondly, the payment of any fine and costs imposed upon the member or his representative pursuant to Chapter VI of the Act.
IT IS UNDERSTOOD AND AGREED THAT the surety is valid for 2 years from the _____ day of ____________________ 20_____ to the _____ day of ____________________ 20_____
IT IS UNDERSTOOD AND AGREED THAT the surety may terminate this bond for a member of the group named above or for the entire group only by giving at least 3 months’ notice in writing to the president of the Office de la protection du consommateur.
IT IS UNDERSTOOD AND AGREED THAT this bond will continue to be valid in spite of any transfer of the permit of a member of the group named above, made in accordance with the Act and the Regulation respecting the application of the Act respecting the collection of certain debts.
IT IS UNDERSTOOD AND AGREED THAT the surety commits himself solidarily with each member of the group named above to pay, firstly, the capital, interests and legal costs from any final judgment rendered against the member or his representative pursuant to section 49 of the Act and, secondly, to pay any fine and costs imposed upon the member or his representative pursuant to Chapter VI of the Act.
IT IS UNDERSTOOD AND AGREED THAT the total liability of the surety under this bond or any renewal thereof is limited to the sum required of a member by section 12 or 13 as the case may be, of the Regulation respecting the application of the Act respecting the collection of certain debts.
IT IS UNDERSTOOD AND AGREED THAT, in spite of expiry of this bond, the surety remains bound thereby, provided that the civil action is instituted within the time limit stipulated in the Act and the penal proceedings within the time limit stipulated in the Code of penal procedure (chapter C-25.1) and that the act or omission which is the object of the civil judgment or penal conviction took place while this bond was in force.
IN WITNESS THEREOF we have signed and sealed at ____________________ this _____ day of ____________________ 20_____
______________________________ ______________________________
Seal of surety Signature of duly authorized person
R.R.Q., 1981, c. R-2.2, r. 1, Form N-36; I.N. 2016-01-01 (NCCP).
FORM N-36
(s. 20)
SECURITY BY GROUP GUARANTEE BOND
BOND NO.
We, ______________________________, hereinafter called surety, stand surety solidarily for each member of the following group:
This commitment is made to the Minister of Finance, hereinafter called the obligee, for the sum required of the group member concerned by section 12 or 13, as the case may be, of the Regulation respecting the application of the Act respecting the collection of certain debts (chapter R-2.2, r. 1), in legal tender of Canada, a sum which we commit ourselves solidarily with that member, as well as our respective heirs, liquidators, administrators, successors and legal representatives, to pay to the obligee.
WHEREAS each member of the group named above operates or plans to operate the business of collection agent.
WHEREAS for the operation of this business, in accordance with the Act respecting the collection of certain debts (chapter R-2.2), hereinafter called the Act, each member of the group must furnish security in order to guarantee, firstly, the payment of the capital, interest and taxed costs from any final judgment rendered against the member or his representative pursuant to section 49 of the Act and, secondly, the payment of any fine and costs imposed upon the member or his representative pursuant to Chapter VI of the Act.
IT IS UNDERSTOOD AND AGREED THAT the surety is valid for 2 years from the _____ day of ____________________ 20_____ to the _____ day of ____________________ 20_____
IT IS UNDERSTOOD AND AGREED THAT the surety may terminate this bond for a member of the group named above or for the entire group only by giving at least 3 months’ notice in writing to the president of the Office de la protection du consommateur.
IT IS UNDERSTOOD AND AGREED THAT this bond will continue to be valid in spite of any transfer of the permit of a member of the group named above, made in accordance with the Act and the Regulation respecting the application of the Act respecting the collection of certain debts.
IT IS UNDERSTOOD AND AGREED THAT the surety commits himself solidarily with each member of the group named above to pay, firstly, the capital, interests and taxed costs from any final judgment rendered against the member or his representative pursuant to section 49 of the Act and, secondly, to pay any fine and costs imposed upon the member or his representative pursuant to Chapter VI of the Act.
IT IS UNDERSTOOD AND AGREED THAT the total liability of the surety under this bond or any renewal thereof is limited to the sum required of a member by section 12 or 13 as the case may be, of the Regulation respecting the application of the Act respecting the collection of certain debts.
IT IS UNDERSTOOD AND AGREED THAT, in spite of expiry of this bond, the surety remains bound thereby, provided that the civil action is instituted within the time limit stipulated in the Act and the penal proceedings within the time limit stipulated in the Code of penal procedure (chapter C-25.1) and that the act or omission which is the object of the civil judgment or penal conviction took place while this bond was in force.
IN WITNESS THEREOF we have signed and sealed at ____________________ this _____ day of ____________________ 20_____
______________________________ ______________________________
Seal of surety Signature of duly authorized person
R.R.Q., 1981, c. R-2.2, r. 1, Form N-36.
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