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C-37.2 - Act respecting the Communauté urbaine de Montréal

Section 306.19
Disposition versions

Full text
306.19. Sections 7 and 8 and Divisions V, VI and VIII to X and XII of the Act respecting municipal debts and loans (chapter D-7), adapted as required, apply to the Société. The treasurer of the Société or any other officer designated by it for that purpose shall fulfill the obligations mentioned in section 24 of the said Act.
The Minister of Municipal Affairs and Greater Montréal may cause the certificate contemplated in section 12 of the said Act to be affixed to any security issued by the Sociét to effect a loan contemplated in section 306.14. The validity of a security bearing such certificate may in no case be contested.
Division IX of the said Act does not apply to a security that is not subject to registration under the conditions of its issue.
A loan of the Société or a security issued by it may be repaid or redeemed in advance, of its own accord, according to the terms of the contract or security. The date of advance repayment or redemption may be other than a date of payment of interest if the prior notice stipulated in the contract or security is given.
1985, c. 31, s. 25; 1988, c. 84, s. 705; 1995, c. 71, s. 60; 1996, c. 52, s. 39; 1999, c. 40, s. 68; 1999, c. 43, s. 13.
306.19. Sections 7 and 8 and Divisions V, VI and VIII to X and XII of the Act respecting municipal debts and loans (chapter D‐7), adapted as required, apply to the Société. The treasurer of the Société or any other officer designated by it for that purpose shall fulfill the obligations mentioned in section 24 of the said Act.
The Minister of Municipal Affairs may cause the certificate contemplated in section 12 of the said Act to be affixed to any security issued by the Société to effect a loan contemplated in section 306.14. The validity of a security bearing such certificate may in no case be contested.
Division IX of the said Act does not apply to a security that is not subject to registration under the conditions of its issue.
A loan of the Société or a security issued by it may be repaid or redeemed in advance, of its own accord, according to the terms of the contract or security. The date of advance repayment or redemption may be other than a date of payment of interest if the prior notice stipulated in the contract or security is given.
1985, c. 31, s. 25; 1988, c. 84, s. 705; 1995, c. 71, s. 60; 1996, c. 52, s. 39; 1999, c. 40, s. 68.
306.19. Sections 7 and 8 and Divisions V, VI and VIII to X and XII of the Act respecting municipal debts and loans (chapter D-7), adapted as required, apply to the corporation. The treasurer of the corporation or any other officer designated by it for that purpose shall fulfill the obligations mentioned in section 24 of the said Act.
The Minister of Municipal Affairs may cause the certificate contemplated in section 12 of the said Act to be affixed to any security issued by the corporation to effect a loan contemplated in section 306.14. The validity of a security bearing such certificate may in no case be contested.
Division IX of the said Act does not apply to a security that is not subject to registration under the conditions of its issue.
A loan of the corporation or a security issued by it may be repaid or redeemed in advance, of its own accord, according to the terms of the contract or security. The date of advance repayment or redemption may be other than a date of payment of interest if the prior notice stipulated in the contract or security is given.
1985, c. 31, s. 25; 1988, c. 84, s. 705; 1995, c. 71, s. 60; 1996, c. 52, s. 39.
306.19. Sections 7 and 8 and Divisions V, VI and VIII to X and XII of the Act respecting municipal debts and loans (chapter D-7), adapted as required, apply to the corporation. The treasurer of the corporation or any other officer designated by it for that purpose shall fulfill the obligations mentioned in sections 24 and 32 of the said Act.
The Minister of Municipal Affairs may cause the certificate contemplated in section 12 of the said Act to be affixed to any security issued by the corporation to effect a loan contemplated in section 306.14. The validity of a security bearing such certificate may in no case be contested.
Division IX of the said Act does not apply to a security that is not subject to registration under the conditions of its issue.
A loan of the corporation or a security issued by it may be repaid or redeemed in advance, of its own accord, according to the terms of the contract or security. The date of advance repayment or redemption may be other than a date of payment of interest if the prior notice stipulated in the contract or security is given.
1985, c. 31, s. 25; 1988, c. 84, s. 705; 1995, c. 71, s. 60.
306.19. Sections 7 and 8 and Divisions V, VI and VIII to X and XII of the Act respecting municipal debts and loans (chapter D-7), adapted as required, apply to the corporation. The treasurer of the corporation or any other officer designated by it for that purpose shall fulfill the obligations mentioned in sections 24 and 32 of the said Act.
The Minister of Municipal Affairs may cause the seal and the certificate contemplated in section 12 of the said Act to be affixed to any security issued by the corporation to effect a loan contemplated in section 306.14. The validity of a security bearing such seal and certificate may in no case be contested.
Division IX of the said Act does not apply to a security that is not subject to registration under the conditions of its issue.
A loan of the corporation or a security issued by it may be repaid or redeemed in advance, of its own accord, according to the terms of the contract or security. The date of advance repayment or redemption may be other than a date of payment of interest if the prior notice stipulated in the contract or security is given.
1985, c. 31, s. 25; 1988, c. 84, s. 705.
306.19. Sections 7 and 8 and Divisions V, VI and VIII to X and XII of the Act respecting municipal and school debts and loans (chapter D-7), adapted as required, apply to the corporation. The treasurer of the corporation or any other officer designated by it for that purpose shall fulfill the obligations mentioned in sections 24 and 32 of the said Act.
The Minister of Municipal Affairs may cause the seal and the certificate contemplated in section 12 of the said Act to be affixed to any security issued by the corporation to effect a loan contemplated in section 306.14. The validity of a security bearing such seal and certificate may in no case be contested.
Division IX of the said Act does not apply to a security that is not subject to registration under the conditions of its issue.
A loan of the corporation or a security issued by it may be repaid or redeemed in advance, of its own accord, according to the terms of the contract or security. The date of advance repayment or redemption may be other than a date of payment of interest if the prior notice stipulated in the contract or security is given.
1985, c. 31, s. 25.
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