U-1 - Act respecting the Université du Québec

Section 4 Disposition versions

1999-10-22

4. The University shall be a legal person. It may in particular:

(a)  adopt programs of studies and a nomenclature of university degrees, diplomas and certificates;

(a.1)  confer any university degree, diploma or certificate;

(b)  recommend to the Minister the establishment under this Act of constituent universities, research institutes or superior schools;

(c)  make with any educational or research establishment any agreement which it deems useful for the pursuit of its objects;

(d)  borrow money on its credit by any method recognized by law, and especially by bills of exchange, notes or other negotiable instruments;

(e)  hypothecate its movable or immovable property to secure payment of its loans or the performance of its obligations;

(f)  issue bonds or other titles of indebtedness or securities and sell, exchange or hypothecate the same;

(g)  (paragraph repealed);

(h)  acquire, possess, lease, hold, administer and alienate property by all legal methods and under any title;

(i)  invest its funds in any manner deemed suitable, either in its own name or in the name of trustees;

(j)  accept any gift, legacy or other liberality.

1968, c. 66, s. 4; 1989, c. 14, s. 3; 1992, c. 57, s. 707; 1999, c. 40, s. 325.

1994-01-01

4. The University shall be a corporation within the meaning of the Civil Code of Lower Canada and may exercise all the general powers of such a corporation in addition to the special powers assigned to it by this Act. It may in particular:

(a)  adopt programs of studies and a nomenclature of university degrees, diplomas and certificates;

(a.1)  confer any university degree, diploma or certificate;

(b)  recommend to the Minister the establishment under this Act of constituent universities, research institutes or superior schools;

(c)  make with any educational or research establishment any agreement which it deems useful for the pursuit of its objects;

(d)  borrow money on its credit by any method recognized by law, and especially by bills of exchange, notes or other negotiable instruments;

(e)  hypothecate its movable or immovable property to secure payment of its loans or the performance of its obligations;

(f)  issue bonds or other titles of indebtedness or securities and sell, exchange or hypothecate the same;

(g)  (paragraph repealed);

(h)  acquire, possess, lease, hold, administer and alienate movable and immovable property by all legal methods and under any title;

(i)  invest its funds in any manner deemed suitable, either in its own name or in the name of trustees;

(j)  accept any gift, legacy or other liberality.

1968, c. 66, s. 4; 1989, c. 14, s. 3; 1992, c. 57, s. 707.

1989-06-19

4. The University shall be a corporation within the meaning of the Civil Code and may exercise all the general powers of such a corporation in addition to the special powers assigned to it by this Act. It may in particular:

(a)  adopt programs of studies and a nomenclature of university degrees, diplomas and certificates;

(a.1)  confer any university degree, diploma or certificate;

(b)  recommend to the Minister the establishment under this Act of constituent universities, research institutes or superior schools;

(c)  make with any educational or research establishment any agreement which it deems useful for the pursuit of its objects;

(d)  borrow money on its credit by any method recognized by law, and especially by bills of exchange, notes or other negotiable instruments;

(e)  hypothecate or pledge its immoveables, give as security or otherwise encumber its moveable property to secure the payment of its loans or the carrying out of its obligations;

(f)  issue bonds or other titles of indebtedness or securities and sell, exchange, mortgage or pledge the same;

(g)  notwithstanding the provisions of the Civil Code, hypothecate, mortgage or pledge, while retaining possession thereof, assign or transfer its moveable or immoveable property, present or future, to secure the payment of the bonds or securities issued, 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);

(h)  acquire, possess, lease, hold, administer and alienate moveable and immoveable property by all legal methods and under any title without being subject to the Mortmain Act (chapter M-1);

(i)  invest its funds in any manner deemed suitable, either in its own name or in the name of trustees;

(j)  accept any gift, legacy or other liberality.

1968, c. 66, s. 4; 1989, c. 14, s. 3.

1977-12-31

4. The University shall be a corporation within the meaning of the Civil Code and may exercise all the general powers of such a corporation in addition to the special powers assigned to it by this act. It may in particular:

(a)  confer all university degrees, diplomas and certificates;

(b)  recommend to the Minister the establishment under this act of constituent universities, research institutes or superior schools;

(c)  make with any educational or research establishment any agreement which it deems useful for the pursuit of its objects;

(d)  borrow money on its credit by any method recognized by law, and especially by bills of exchange, notes or other negotiable instruments;

(e)  hypothecate or pledge its immoveables, give as security or otherwise encumber its moveable property to secure the payment of its loans or the carrying out of its obligations;

(f)  issue bonds or other titles of indebtedness or securities and sell, exchange, mortgage or pledge the same;

(g)  notwithstanding the provisions of the Civil Code, hypothecate, mortgage or pledge, while retaining possession thereof, assign or transfer its moveable or immoveable property, present or future, to secure the payment of the bonds or securities issued, 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);

(h)  acquire, possess, lease, hold, administer and alienate moveable and immoveable property by all legal methods and under any title without being subject to the Mortmain Act (chapter M-1);

(i)  invest its funds in any manner deemed suitable, either in its own name or in the name of trustees;

(j)  accept any gift, legacy or other liberality.

1968, c. 66, s. 4.