88. Where the Société sends a notice referred to in the second paragraph of section 87, it must take steps, within 6 months of sending the notice, to designate a body which, in its opinion, is able to assume the obligations of subdivision 1 of Division II of this Chapter, even if the body, which must still be constituted as a non-profit legal person, have its head office in Québec and comply with the obligation in paragraph 5 of section 74, meets only some or none of the other requirements.
The Société must, before designating a body pursuant to the first paragraph, obtain its agreement.
A designation under the first paragraph takes effect from the date on which the body receives a notice sent as soon as possible by the Société.
If the Société has not designated a body within the time limit set in the first paragraph, the obligation is transferred, on the expiry of the time limit, to the Minister, who must act as soon as possible.
972-2022O.C. 972-2022, s. 88; 1366-2023O.C. 1366-2023, s. 4112.