Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

CCQ-1991 - Civil Code of Québec

Section 2199
Disposition versions

Full text
2199. A contribution of property is made by transferring rights of ownership or of enjoyment and by placing the property at the disposal of the partnership.
In his relations with the partnership, the person who contributes property is warrantor therefor, in the same manner as a seller towards a buyer, where the contribution consists in the ownership of property; he is warrantor therefor, in the same manner as a lessor towards a lessee, where the contribution consists in the enjoyment of property.
In the case of property that would normally need to be renewed during the term of the partnership, a contribution consisting in enjoyment transfers ownership of the property to the partnership, subject to the obligation for it to return property of the same quantity, quality and value.
1991, c. 64, a. 2199; I.N. 2014-05-01; I.N. 2015-11-01.
2199. A contribution of property is made by transferring rights of ownership or of enjoyment and by placing the property at the disposal of the partnership.
In his relations with the partnership, the person who contributes property is warrantor therefor, in the same manner as a seller towards a buyer, where the contribution is ownership of property; he is warrantor therefor, in the same manner as a lessor towards a lessee, where the contribution is the enjoyment of property.
In the case of property that would normally need to be renewed during the term of the partnership, a contribution consisting in enjoyment transfers ownership of the property to the partnership, subject to the obligation for it to return property of the same quantity, quality and value.
1991, c. 64, a. 2199; I.N. 2014-05-01.
2199. A contribution of property is made by transferring rights of ownership or of enjoyment and by placing the property at the disposal of the partnership.
In his relations with the partnership, the person who contributes property is warrantor therefor in the same manner as a seller towards a buyer where his contribution consists in property; he is warrantor therefor in the same manner as a lessor towards a lessee, where his contribution consists in the enjoyment of property.
A contribution consisting in the enjoyment of property that would normally be required to be renewed during the term of the partnership transfers ownership of the property to the partnership, which becomes liable to return property of the same quantity, quality and value.
1991, c. 64, a. 2199.
© Gouvernement du Québec