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C-27.1 - Municipal Code of Québec

Section 627.1
Disposition versions

Full text
627.1. (Repealed).
1996, c. 27, s. 74; 1999, c. 43, s. 13; 2000, c. 56, s. 223; 2003, c. 19, s. 250; 2004, c. 20, s. 112; 2005, c. 6, s. 214.
627.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), every local municipality whose territory is not situated within the territory of a regional county municipality may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 74; 1999, c. 43, s. 13; 2000, c. 56, s. 223; 2003, c. 19, s. 250; 2004, c. 20, s. 112.
627.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), every local municipality whose territory is not situated within the territory of a regional county municipality may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs, Sports and Recreation.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 74; 1999, c. 43, s. 13; 2000, c. 56, s. 223; 2003, c. 19, s. 250.
627.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), every local municipality whose territory is not situated within the territory of a regional county municipality may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs and Greater Montréal.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 74; 1999, c. 43, s. 13; 2000, c. 56, s. 223.
627.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), every local municipality whose territory is not comprised in that of a regional county municipality or in that of an urban community may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs and Greater Montréal.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 74; 1999, c. 43, s. 13.
627.1. Notwithstanding the Municipal Aid Prohibition Act (chapter I-15), every local municipality whose territory is not comprised in that of a regional county municipality or in that of an urban community may, by by-law, give or lend money to an investment fund intended to provide financial support to enterprises in a start-up or developmental phase that are situated in its territory.
The fund must be administered by a non-profit organization established for that purpose and accredited by the Minister of Municipal Affairs.
The by-law must indicate the maximum contribution, not to exceed $500,000, that the municipality may make to the fund.
1996, c. 27, s. 74.
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