Ministère de l'Emploi et de la Solidarité sociale
Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

C-37.2 - Act respecting the Communauté urbaine de Montréal

Section 306.14
Disposition versions

Full text
306.14. The Société may, by by-law, order a loan for a purpose within its competence, except as regards the financing of the construction of the subway network and the acquisition of the rolling-stock needed to operate it. The term of such a loan shall in no case exceed 50 years.
The by-law need only mention the total amount of the principal of the loan that it orders, the purposes for which the proceeds of the loan are to be used and the maximum term for which it may be contracted.
The by-law requires the approval of the Council and of the Minister of Municipal Affairs and Greater Montréal.
1985, c. 31, s. 25; 1990, c. 41, s. 99; 1999, c. 40, s. 68; 1999, c. 43, s. 13.
306.14. The Société may, by by-law, order a loan for a purpose within its competence, except as regards the financing of the construction of the subway network and the acquisition of the rolling-stock needed to operate it. The term of such a loan shall in no case exceed 50 years.
The by-law need only mention the total amount of the principal of the loan that it orders, the purposes for which the proceeds of the loan are to be used and the maximum term for which it may be contracted.
The by-law requires the approval of the Council and of the Minister of Municipal Affairs.
1985, c. 31, s. 25; 1990, c. 41, s. 99; 1999, c. 40, s. 68.
306.14. The corporation may, by by-law, order a loan for a purpose within its competence, except as regards the financing of the construction of the subway network and the acquisition of the rolling-stock needed to operate it. The term of such a loan shall in no case exceed 50 years.
The by-law need only mention the total amount of the principal of the loan that it orders, the purposes for which the proceeds of the loan are to be used and the maximum term for which it may be contracted.
The by-law requires the approval of the Council and of the Minister of Municipal Affairs.
1985, c. 31, s. 25; 1990, c. 41, s. 99.
306.14. The corporation may, by by-law, order a loan for a purpose within its competence. The term of such a loan shall in no case exceed fifty years.
The by-law need only mention the total amount of the principal of the loan that it orders, the purposes for which the proceeds of the loan are to be used and the maximum term for which it may be contracted.
The by-law requires the approval of the Council and of the Minister of Municipal Affairs.
1985, c. 31, s. 25.
© Gouvernement du Québec