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S-8 - Act respecting the Société d’habitation du Québec

Section 62
Disposition versions

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62. Any municipality and any bureau must apply the proceeds of any alienation of immovables acquired for carrying out a duly authorized program, to the repayment of the loans contracted with the Société under paragraph b of section 60 or the subsidies granted under paragraph c of that section. The proceeds of such an alienation may, however, with the authorization of the Société, be applied to the renovation or reconstruction of a low-rental housing immovable belonging to the municipality or the bureau or under a project aimed at creating affordable housing.
1966-67, c. 55, s. 60; 1974, c. 49, s. 24; 1991, c. 62, s. 2; 1999, c. 40, s. 273; 2001, c. 25, s. 177; 2016, c. 17, s. 119; 2024, c. 2, s. 57.
62. Any municipality and any bureau must apply the proceeds of any alienation of immovables acquired for carrying out a duly authorized program, to the repayment of the loans contracted with the Société under paragraph b of section 60 or the subsidies granted under paragraph c of that section.
1966-67, c. 55, s. 60; 1974, c. 49, s. 24; 1991, c. 62, s. 2; 1999, c. 40, s. 273; 2001, c. 25, s. 177; 2016, c. 17, s. 119.
62. Any municipality and any bureau constituted under section 57 must apply the proceeds of any alienation of immovables acquired for carrying out a duly authorized program, to the repayment of the loans contracted with the Société under paragraph b of section 60 or the subsidies granted under paragraph c of that section.
1966-67, c. 55, s. 60; 1974, c. 49, s. 24; 1991, c. 62, s. 2; 1999, c. 40, s. 273; 2001, c. 25, s. 177.
62. Any municipality and any municipal housing bureau constituted under section 57 must apply the proceeds of any alienation of immovables acquired for carrying out a duly authorized program, to the repayment of the loans contracted with the Société under paragraph b of section 60 or the subsidies granted under paragraph c of that section.
1966-67, c. 55, s. 60; 1974, c. 49, s. 24; 1991, c. 62, s. 2; 1999, c. 40, s. 273.
62. Any municipality and any municipal housing bureau constituted under section 57 must apply the proceeds of any alienation of immoveables acquired for carrying out a duly authorized program, to the repayment of the loans contracted with the Corporation under paragraph b of section 60 or the subsidies granted under paragraph c of that section.
1966-67, c. 55, s. 60; 1974, c. 49, s. 24; 1991, c. 62, s. 2.
62. Any municipality and any municipal housing bureau constituted under section 57 must apply the proceeds of any alienation of immoveables acquired for carrying out a duly authorized program, to the repayment of the loans contracted with the Corporation under paragraphs c and d of section 60.
1966-67, c. 55, s. 60; 1974, c. 49, s. 24.
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