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B-1.1 - Building Act

Section 81
Disposition versions

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81. A guaranty plan must be managed by a non-profit legal person whose sole object is to manage the financial guarantees provided for in this chapter; such person must be authorized by the Board in accordance with a regulation of the Board, and have an establishment in Québec.
The composition of such a legal person’s board of directors must be in accordance with the criteria determined by the regulation.
1985, c. 34, s. 81; 1991, c. 74, s. 43; 1995, c. 58, s. 5; 2011, c. 35, s. 11.
81. A guaranty plan must be managed by a legal person whose sole object is to manage the financial guarantees provided for in this chapter; such person must be authorized by the Board in accordance with a regulation of the Board, and have an establishment in Québec.
1985, c. 34, s. 81; 1991, c. 74, s. 43; 1995, c. 58, s. 5.
81. A guaranty plan shall be managed by a person authorized by the Board in accordance with a regulation made by the Board.
1985, c. 34, s. 81; 1991, c. 74, s. 43.
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