S-8, r. 6 - By-law respecting the delegation of powers and signing of certain documents of the Société d’habitation du Québec

Section 18.1 Disposition versions

2012-09-01

18.1. Directors under the authority of that director general are authorized, within the scope of their responsibilities, to approve

(1)  the annual budget, supplementary estimates, budget allocations and audited financial statements of bodies that manage 1,000 dwellings or less;

(2)  any loan referred to in section 57 of the Act, for less than $300,000;

(3)  the use by cooperatives, non-profit organizations or housing bureaus of their reserves, for any amount equal to or greater than $35,000;

(4)  operating agreements and any decision to give effect to the agreements and any deed incidental thereto;

(5)  deeds of servitude;

(6)  documents relating to deeds of hypothecary security, deeds of cession of hypothecary rank, deeds of authorization to alienate, deeds of correction or amendment and other similar deeds for any housing project carried out within social and community housing programs for less than $5,000,000;

(7)  deeds of discharge or release, as well as any document relating to those deeds for projects carried out within social and community housing programs;

(8)  loans made pursuant to section 3.4.1 of the Act, to bodies that manage 1,000 dwellings or less;

(9)  budgetary amendments relating to the payment of the consideration to be paid by housing bureaus and other non-profit organizations determined by regulation pursuant to the Act.

O.C. 1122-2011, s. 23.