C-26, r. 18 - Regulation respecting the indemnity fund of the Ordre des administrateurs agréés du Québec

Section 16 Disposition versions

2012-09-01

16. The balance of a chartered administrator’s trust account, the sums of which have been blocked or otherwise disposed of in accordance with section 30 of the Règlement sur la comptabilité en fidéicommis des administrateurs agréés (chapter C-26, r. 16), is distributed by the secretary of the Order, at the expiry of a 60-day period starting on the date of publication of a notice to that effect in a newspaper having general circulation in the location where the chartered administrator has or had his professional domicile, among the claimants on a prorata basis according to the amounts of their claims allowed, up to the amount of the claim, less the indemnity fixed under section 14.

O.C. 335-2010, s. 16.