Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

R-15.1 - Supplemental Pension Plans Act

Section 180
Disposition versions

Full text
180. Every person who makes an investment otherwise than according to law is, by that sole fact and without further proof of wrongdoing, liable for any resulting loss.
The members of a pension committee who approved such an investment are, by that sole fact and without further proof of wrongdoing, solidarily liable for any resulting loss.
However, such persons incur no liability under this section if they acted in good faith on the basis of an expert’s opinion.
1989, c. 38, s. 180; 2006, c. 42, s. 30.
180. Every person who makes an investment otherwise than according to law is, by that sole fact and without further proof of wrongdoing, liable for any resulting loss.
The members of a pension committee who approved such an investment are, by that sole fact and without further proof of wrongdoing, solidarily liable for any resulting loss.
However, such persons incur no liability under this section if they acted within their powers and on the recommendation of persons whose profession gives credence to their opinion.
1989, c. 38, s. 180.
© Gouvernement du Québec