Ministère de l'Emploi et de la Solidarité sociale
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A-13.1 - Act respecting assistance for tourist development

Section 28
Disposition versions

Full text
28. (Repealed).
1979, c. 34, s. 28; 1983, c. 54, s. 3.
28. Where the Corporation sustains a loss, with respect to a loan which it has granted or for which it has been subrogated in conformity with section 27, or following the disposition of property having secured a loan granted by a lender other than the Corporation, of which the Corporation acquired ownership either at a sheriff’s sale or directly from the said lender, the fund shall, at the request of the Corporation, repay to the Corporation the amount of the losses and expenses contemplated in section 16.
The fund is not subrogated in the rights of the Corporation.
1979, c. 34, s. 28.
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