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

Section 12 Disposition versions

2019-08-01

12. The security required of the applicant for a collection agent’s permit is established as follows:

(a)  $10,000 where the total amount collected during the preceding fiscal period is less than $100,000;

(b)  $15,000 where the total amount is $100,000 or more, but less than $150,000;

(c)  $20,000 where the total amount is $150,000 or more, but less than $250,000;

(d)  $25,000 where the total amount is $250,000 or more.

R.R.Q., 1981, c. R-2.2, r. 1, s. 12; O.C. 988-2018, s. 4.

2012-09-01

12. The security required of the applicant is established as follows:

(a)  $10,000 where the total amount collected during the preceding fiscal period is less than $100,000;

(b)  $15,000 where the total amount is $100,000 or more, but less than $150,000

(c)  $20,000 where the total amount is $150,000 or more, but less than $250,000;

(d)  $25,000 where the total amount is $250,000 or more.

R.R.Q., 1981, c. R-2.2, r. 1, s. 12.