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A-3.01 - Act respecting the accreditation and financing of students’ associations

Section 51
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51. When a students’ association or students’ association alliance to which sums have been lent pursuant to section 50 does not reimburse the sums borrowed within the time and on the conditions agreed upon, the educational institution that lent the sums may apply toward the payment of the debt any assessment it subsequently collects for the account of the borrowing association or alliance.
The institution may, in the same manner, apply toward the payment of expenses borne by it under section 49 any assessment it subsequently collects for the account of the association or alliance.
1983, c. 33, s. 51; 1993, c. 10, s. 31.
51. When a students’ association or students’ association alliance to which sums have been lent pursuant to section 50 does not reimburse the sums borrowed within the time and on the conditions agreed upon, the educational institution that lent the sums may apply toward the payment of the debt any assessment it subsequently collects for the account of the borrowing association or alliance.
1983, c. 33, s. 51.
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