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CCQ-1991 - Civil Code of Québec
Section 1341
Disposition versions
1341. An administrator may deposit the sums of money entrusted to him in or with a bank, a savings and credit union or any other financial institution, if the deposit is repayable on demand or on 30 days’ notice.
He may also deposit the sums of money for a longer term if repayment of the deposit is fully guaranteed by the Autorité des marchés financiers; otherwise, he may not do so except with the authorization of the court and on the conditions it determines.
1341. An administrator may deposit the sums of money entrusted to him in or with a bank, a savings and credit union or any other financial institution, if the deposit is repayable on demand or on 30 days’ notice.
He may also deposit the sums of money for a longer term if repayment of the deposit is fully guaranteed by the Agence nationale d’encadrement du secteur financier; otherwise, he may not do so except with the authorization of the court and on the conditions it determines.
1341. An administrator may deposit the sums of money entrusted to him in or with a bank, a savings and credit union or any other financial institution, if the deposit is repayable on demand or on 30 days’ notice.
He may also deposit the sums of money for a longer term if repayment of the deposit is fully guaranteed by the Régie de l’assurance-dépôts du Québec; otherwise, he may not do so except with the authorization of the court and on the conditions it determines.
