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CCQ-1991 - Civil Code of Québec

Section 1133
Disposition versions

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1133. The right to increase the capital subject to the usufruct, such as the right to subscribe for securities, belongs to the bare owner, but the right of the usufructuary extends to the increase.
Where the bare owner elects to alienate his right, the proceeds of the alienation are remitted to the usufructuary, who is accountable for them at the end of the usufruct.
1991, c. 64, a. 1133; I.N. 2014-05-01.
1133. The right to increase the capital subject to the usufruct, such as the right to subscribe for securities, belongs to the bare owner, but the right of the usufructuary extends to the increase.
Where the bare owner elects to alienate his right, the proceeds of the alienation are remitted to the usufructuary, who is accountable for it at the end of the usufruct.
1991, c. 64, a. 1133.
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