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D-9.2 - Act respecting the distribution of financial products and services
Section 115.2.2
Disposition versions
115.2.2. The payment of a monetary administrative penalty is secured by a legal hypothec on the debtor’s movable and immovable property.
For the purposes of the first paragraph and sections 115.2.3 to 115.2.7, “debtor” means the party responsible for a failure to comply that is required to pay a monetary administrative penalty and, if applicable, each of its directors and officers, who are solidarily liable with that party for the payment of the penalty.
