M-3 - Master Electricians Act

Section 10 Disposition versions

1999-10-22

10. The Corporation shall possess all the powers necessary to attain its objects and more generally those which may be exercised by legal persons, and without in any manner limiting the general provisions of this section, it may:

(a)  appear before the courts;

(b)  acquire and possess any movable property;

(c)  acquire and possess immovable properties in Québec;

(d)  administer, sell, rent, exchange or assign all or part of its property or otherwise dispose of it;

(e)  undertake obligations and borrow on the credit of the Corporation; hypothecate all or part of its property.

R. S. 1964, c. 153, s. 10; 1992, c. 57, s. 610; 1999, c. 40, s. 172.

1994-01-01

10. The corporation shall possess all the powers necessary to attain its objects and more generally those which may be exercised by ordinary corporations, and without in any manner limiting the general provisions of this section, it may:

(a)  appear before the courts;

(b)  acquire and possess any movable property;

(c)  acquire and possess immovable properties in Québec;

(d)  administer, sell, rent, exchange or assign all or part of its property or otherwise dispose of it;

(e)  undertake obligations and borrow on the credit of the corporation; hypothecate all or part of its property.

R. S. 1964, c. 153, s. 10; 1992, c. 57, s. 610.

1977-12-31

10. The corporation shall possess all the powers necessary to attain its objects and more generally those which may be exercised by ordinary corporations, and without in any manner limiting the general provisions of this section, it may:

(a)  appear before the courts;

(b)  acquire and possess any moveable property;

(c)  acquire and possess immoveable properties in Québec;

(d)  administer, sell, rent, exchange or assign all or part of its property or otherwise dispose of it;

(e)  undertake obligations as well as borrow on the credit of the corporation; hypothecate, mortgage and pledge all or part of the property of the corporation, moveable or immoveable, present or future, either by deed of hypothec or by trust deed or in any other manner it may deem expedient, to secure the payment of such debentures or other securities.

R. S. 1964, c. 153, s. 10.