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CCQ-1991 - Civil Code of Québec
Section 2715
Disposition versions
2715. A hypothec is a floating hypothec when some of the effects are suspended until, the debtor or grantor having defaulted, the creditor brings about crystallization of the hypothec by serving a notice of default and crystallization of the hypothec on the debtor or grantor.
The floating character of the hypothec shall be expressly stipulated in the act.
2715. A hypothec is a floating hypothec when some of the effects are suspended until, the debtor or grantor having defaulted, the creditor provokes crystallization of the hypothec by serving a notice of default and crystallization of the hypothec on the debtor or grantor.
The floating character of the hypothec shall be expressly stipulated in the act.
