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S-8 - Act respecting the Société d’habitation du Québec
Section 48
Disposition versions
48. (Repealed).
48. Any municipality which has obtained the authorization of the Corporation to carry out a program contemplated in section 44 may, for the carrying out of such program, contract loans, by a by-law requiring only the approval of the Minister of Municipal Affairs, who may authorize the municipality to give such guarantees as he may determine.
48. Any municipality which has obtained the authorization of the Corporation to carry out a program contemplated in section 44 may, for the carrying out of such program, contract loans, by by-law, with the approval of the Commission municipale du Québec which may authorize it to give such guarantees as it determines. These loans shall require no other approval than that of the Minister of Municipal Affairs.
48. Any municipality which has obtained the authorization of the Corporation to carry out a program contemplated by section 44 may, for the carrying out of such program, contract loans, by by-law, with the approval of the Commission municipale du Québec which may authorize it to give such guarantees as it determines; such loans shall require no other approval than that of the Minister.
