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C-37.3 - Act respecting the Communauté urbaine de Québec

Section 163
Disposition versions

Full text
163. The bonds, notes and other securities issued by the Community are investments presumed sound within the meaning of paragraph 2 of article 1339 of the Civil Code.
The commitments resulting from the securities issued by the Community constitute direct and general obligations of the Community and the municipalities listed in Schedule A, and such commitments rank equally with and have no preference over any other general obligations of the Community and the municipalities.
1969, c. 83, s. 205; 1971, c. 88, s. 34; 1978, c. 103, s. 53; 1993, c. 67, s. 68; 1999, c. 40, s. 69.
163. The bonds, notes and other securities issued by the Community are authorized investments within the meaning of paragraph a of article 981o of the Civil Code of Lower Canada.
The commitments resulting from the securities issued by the Community constitute direct and general obligations of the Community and the municipalities listed in Schedule A, and such commitments rank equally with and have no preference over any other general obligations of the Community and the municipalities.
1969, c. 83, s. 205; 1971, c. 88, s. 34; 1978, c. 103, s. 53; 1993, c. 67, s. 68.
163. The bonds, notes and other securities issued by the Community are authorized investments within the meaning of paragraph a of article 981o of the Civil Code.
1969, c. 83, s. 205; 1971, c. 88, s. 34; 1978, c. 103, s. 53.
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