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G-1.021 - Act respecting the governance of the health and social services system
Section 372
Disposition versions
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372. Any private institution may receive gifts, legacies, subsidies or other voluntary contributions from any person or any public or private body wishing to assist in the carrying out of the institution’s mission.
Where the institution receives a contribution allocated by its contributor for special purposes, or to provide the institution with capital that must be preserved and of which only the income may be used, it must deposit or invest the contribution in accordance with the provisions of the Civil Code respecting investments presumed sound, until it disposes of the contribution in accordance with its allocation.
