5. In the pursuit of its objects, the foundation may solicit, receive or accept gifts of various kinds, in particular sums of money, legacies, pledges, memorial funds, life insurance benefits as well as subsidies or contributions ; the foundation may organize any other form of fund-raising activities and manages the funds thus collected in the manner it deems advisable. It may associate or enter into agreements with any person, partnership or private, public or parapublic body.
1978, c. 101, s. 5; 1999, c. 40, s. 137; 2000, c. 66, s. 1.