I-9 - Engineers Act

Section 13 Disposition versions

1994-01-01

13. The Order may acquire, administer, sell, hypothecate, lease, exchange or transfer movable or immovable property situated in Québec.

It must dispose, within a reasonable time, of immovables which, for a period of five consecutive years, have not been used for the pursuit of its objects.

R. S. 1964, c. 262, s. 12; 1973, c. 60, s. 11; 1983, c. 14, s. 2; 1992, c. 57, s. 590.

1983-06-20

13. The Order may acquire, administer, sell, lease, exchange or cede movable and immovable property situated in Québec. Notwithstanding the provisions of the Civil Code, it may hypothecate, mortgage or pledge, while retaining possession thereof, movable and immovable property, present and future, to secure the payment of the bonds or securities issued by it, give a part only of such guarantees for the same objects, and constitute such hypothec, mortgage or pledge by trust deed, in accordance with the Special Corporate Powers Act (chapter P-16).

It must dispose, within a reasonable time, of immovables which, for a period of five consecutive years, have not been used for the pursuit of its objects.

R. S. 1964, c. 262, s. 12; 1973, c. 60, s. 11; 1983, c. 14, s. 2.

1977-12-31

13. The Order may acquire and hold any immoveables for its purposes and may lease, hypothecate or alienate the same.

The value of the immoveables held by the Order shall not, however, exceed the sum of four hundred thousand dollars.

R. S. 1964, c. 262, s. 12; 1973, c. 60, s. 11.