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CCQ-1991 - Civil Code of Québec

Section 1514
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1514. A debtor loses the benefit of the term if he becomes insolvent, is declared bankrupt, or, by his own act or omission and without the consent of the creditor, reduces the security he has given to him.
He also loses the benefit of the term if he fails to meet the conditions in consideration of which it was granted to him.
1991, c. 64, a. 1514; 2016, c. 4, s. 187.
1514. A debtor loses the benefit of the term if he becomes insolvent, is declared bankrupt, or, by his own act and without the consent of the creditor, reduces the security he has given to him.
He also loses the benefit of the term if he fails to meet the conditions in consideration of which it was granted to him.
1991, c. 64, a. 1514.
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