6. A college is a corporation within the meaning of the Civil Code, and may exercise all the powers thereof in addition to the special powers assigned to it by this act; it may in particular:(a) provide the curricula for which it has received the authorization of the Minister, who may revise such authorization after obtaining the advice of the Conseil des collèges established under the Act respecting the Conseil des collèges (chapter C-57.1);
(a.1) make, in accordance with the general norms which may be determined by the Minister, agreements with any educational institution or other body respecting the instruction which the college is designed to provide;
(b) borrow money on its credit by any method recognized by the law, and especially by bills of exchange, notes or other negotiable instruments;
(c) hypothecate or pledge its immoveables, give as security or otherwise encumber its moveable property to secure the payment of its loans or the carrying out of its obligations;
(d) issue bonds or other titles of indebtedness or securities and sell, exchange, mortgage or pledge the same;
(e) notwithstanding the provisions of the Civil Code, hypothecate, mortgage or pledge, while retaining possession thereof, cede or transfer its moveable or immoveable property, present or future, to secure the payment of the bonds or securities issued, give a part only of such guarantees for the same objects, and constitute such hypothec, mortgage or pledge by trust deed in accordance with the Special Corporate Powers Act (chapter P-16);
(f) invest its funds in any manner deemed suitable, either in its own name or in the name of trustees;
(g) accept any gift, legacy or other liberality;
(h) acquire, possess, lease, hold, administer and alienate moveable and immoveable property by all legal methods and under any title without being subject to the Mortmain Act (chapter M-1).
No college may, however, except within the financial limits fixed by regulation, acquire, build, lease, enlarge, convert or alienate an immoveable without the authorization of the Government; nor may it exercise the powers mentioned in subparagraphs b to e of the first paragraph without the authorization of the Minister.
Any contract made by a college without the required authorization of the Government or of the Minister shall be null.
A college may make arrangements under paragraph b of subsection 2 of section 431 of the Education Act (chapter I-14) for the transport of persons attending it, and claim payment of its cost from the persons transported or the parents of the pupils transported.
However, failing to make such an arrangement, it must, at the request of the Minister, itself provide such transport and claim payment of its cost in the manner provided in the preceding paragraph.
Subsections 2 to 7 of section 431 of the Education Act shall apply mutatis mutandis to the transport effected under the second paragraph.
1966-67, c. 71, s. 6; 1972, c. 55, s. 125; 1979, c. 24, s. 3.