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A-12, r. 7.2 - Regulation respecting the practice of agrology within a partnership or a joint-stock company
Section 11
Disposition versions
11. The suretyship contract must be entered into with a bank, savings and credit union, trust or insurance company domiciled in Canada. The surety must also maintain sufficient property in Québec to honour the coverage provided for in this Division.
The surety must undertake to provide security in accordance with the conditions of this Division and to pay the amount due on behalf of the partnership or joint-stock company by waiving the benefit of division and discussion, up to the amount of the coverage.
