8.Excepting the particular rules hereinafter set forth, Part III of the Companies Act (chapter C-38) shall apply with the necessary modifications to the corporations constituted under this Act.
Such corporations may exercise all the powers of a legal person thus constituted, including, in particular, the following powers:
(a) acquire and alienate property by gratuitous or onerous title;
(b) carry out new constructions;
(c) invest its funds in its own name or as depositary and administrator;
(d) assist any person, including its members, pursuing any object similar to one of its own, cede any property gratuitously or not and lend money to such person, and secure or guarantee the person’s obligations or commitments;
(e) establish and maintain cemeteries and erect vaults in its chapels for the mortal remains of its members, its benefactors, or any person connected in any way with the corporation, in conformity with the Funeral Operations Act (chapter A-5.02);
(f) provide for the education, instruction, sustenance and support of its members, persons in its service and those connected with it.
1971, c. 75, s. 8; 2002, c. 57, s. 3; 2016, c. 12016, c. 1, s. 1161.
8.Excepting the particular rules hereinafter set forth, Part III of the Companies Act (chapter C-38) shall apply with the necessary modifications to the corporations constituted under this Act.
Such corporations may exercise all the powers of a legal person thus constituted, including, in particular, the following powers :
(a) acquire and alienate property by gratuitous or onerous title ;
(b) carry out new constructions ;
(c) invest its funds in its own name or as depositary and administrator ;
(d) assist any person, including its members, pursuing any object similar to one of its own, cede any property gratuitously or not and lend money to such person, and secure or guarantee the person’s obligations or commitments ;
(e) establish and maintain cemeteries and erect vaults in its chapels for the mortal remains of its members, its benefactors, or any person connected in any way with the corporation, in conformity with the Burial Act (chapter I-11) ;
(f) provide for the education, instruction, sustenance and support of its members, persons in its service and those connected with it.
8.Excepting the particular rules hereinafter set forth, Part III of the Companies Act (chapter C-38) shall apply with the necessary modifications to the corporations constituted under this Act.