C-24.2, r. 7 - Regulation respecting dealers and recyclers

Section 13 Disposition versions

2012-09-01

13. The person applying for a licence must file with his application a security furnished through an individual or group guarantee bond in his name and issued by a guaranty company authorized to do business in Québec on a form provided by the Société.

Where the surety has paid a debt, the licence holder must provide additional security of that amount such that the total security is always equal to the amount prescribed by section 19 or 20.

O.C. 1693-87, s. 13; O.C. 1427-97, s. 16.