37. The Fonds d’indemnisation des clients des agents de voyages is hereby established to guarantee the indemnification or reimbursement of customers of a travel agent required to contribute to the fund, if the travel agent’s individual security is insufficient or in the case provided for in the third paragraph of section 36 of the Act.
The fund also guarantees the payment of the administrative expenses and provisional administrator’s fees if there is no individual security or if it is insufficient.
R.R.Q., 1981, c. A-10, r. 1, s. 37; O.C. 994-86, s. 7; O.C. 962-2004, s. 24.