N-3, r. 5 - Regulation respecting trust accounting by notaries

Section 40 Disposition versions

2012-09-01

40. The indemnity fund consists of:

(1)  the sums of money already allocated for that purpose as at 31 October 1996;

(2)  the sums of money allocated by the board of directors to the fund as needed;

(3)  the assessments levied for that purpose;

(4)  the sums of money recovered from notaries by subrogation or pursuant to section 159 of the Professional Code (chapter C-26);

(5)  the income earned on the sums of money constituting the fund; and

(6)  the sums of money paid by an insurance company under a group insurance policy held by the executive committee;

less administration costs for the fund.

O.C. 995-2002, s. 40.