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

Section 33 Disposition versions

2018-10-01

33. The surety must undertake to be solidarily liable with the contractor towards the Board, in the case of individual security, or with every member of the group in the case of a group surety insurance policy, to compensate in principal, interest and costs, up to the amount of security required, any client who has a liquidated claim related to a loss referred to in section 25 that is evidenced by a final judgment rendered against the contractor or surety otherwise than on an acquiescence in the demand under articles 217 to 219 of the Code of Civil Procedure (chapter C-25.01), or by an agreement or a transaction to settle the dispute made between the client and the contractor or the surety. That undertaking must bind the administrators, heirs and legal representatives of the surety.

O.C. 314-2008, s. 33; I.N. 2016-01-01 (NCCP); O.C. 724-2018, s. 1.

2016-01-01

33. The surety must undertake to be solidarily liable with the contractor towards the Board, in the case of individual security, or with every member of the group in the case of a group surety insurance policy, to compensate in principal, interest and costs, up to the amount of security required, any client who has a liquidated claim related to a loss referred to in section 25 that is evidenced by a final judgment rendered against the contractor or surety otherwise than on an acquiescence in the demand under articles 217 to 219 of the Code of Civil Procedure (chapter C-25.01), or by an agreement or a transaction to settle the dispute made between the client and the contractor, or the syndic, and the surety. That undertaking must bind the administrators, heirs and legal representatives of the surety.

O.C. 314-2008, s. 33; I.N. 2016-01-01 (NCCP).

2012-09-01

33. The surety must undertake to be solidarily liable with the contractor towards the Board, in the case of individual security, or with every member of the group in the case of a group surety insurance policy, to compensate in principal, interest and costs, up to the amount of security required, any client who has a liquidated claim related to a loss referred to in section 25 that is evidenced by a final judgment rendered against the contractor or surety otherwise than on an acquiescence in the demand under articles 457 to 461 of the Code of Civil Procedure (chapter C-25), or by an agreement or a transaction to settle the dispute made between the client and the contractor, or the syndic, and the surety. That undertaking must bind the administrators, heirs and legal representatives of the surety.

O.C. 314-2008, s. 33.