B-5.1 - Unclaimed Property Act

Section 24 Disposition versions

2023-05-31

24. The Minister may, without authorization of the court, alienate by onerous title property described in section 2, in article 699 of the Civil Code or in any legislative provision under which the Minister must act as the administrator of the property of others, if the value of the property does not exceed $40,000.

For the purposes of the first paragraph, the value of an immovable is its value as entered on the assessment roll of the municipality, multiplied by the factor determined for the assessment roll by the Minister of Municipal Affairs, Regions and Land Occupancy under the Act respecting municipal taxation (chapter F-2.1).

2011, c. 10, s. 24; 2023, c. 10, s. 17.

2011-06-13

24. The Minister may, without authorization of the court, alienate by onerous title property described in section 2, in article 699 of the Civil Code or in any legislative provision under which the Minister must act as the administrator of the property of others, if the value of the property does not exceed $25,000.

For the purposes of the first paragraph, the value of an immovable is its value as entered on the assessment roll of the municipality, multiplied by the factor determined for the assessment roll by the Minister of Municipal Affairs, Regions and Land Occupancy under the Act respecting municipal taxation (chapter F-2.1).

2011, c. 10, s. 24.