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V-6.1 - Act respecting Northern villages and the Kativik Regional Government

Section 395
Disposition versions

Full text
395. The Regional Government may deposit at interest in a Canadian chartered bank or a financial services cooperative, invest in the public funds of Canada or Québec, or loan on first hypothec, any moneys belonging to it.
The Regional Government may invest the monies belonging to it by purchasing securities in a mutual fund provided for in the third paragraph of section 99 of the Cities and Towns Act (chapter C-19).
The Minister may, by regulation, determine other securities in which the Regional Government may invest the monies belonging to it through a mutual fund referred to in the second paragraph.
1978, c. 87, s. 395; 1996, c. 77, s. 65; 2000, c. 29, s. 683; 2006, c. 50, s. 139.
395. The Regional Government may deposit at interest in a Canadian chartered bank or a financial services cooperative, invest in the public funds of Canada or Québec, or loan on first hypothec, any moneys belonging to it.
The Regional Government may invest the monies belonging to it by purchasing shares in a mutual fund provided for in the third paragraph of section 99 of the Cities and Towns Act (chapter C-19).
The Minister may, by regulation, determine other securities in which the Regional Government may invest the monies belonging to it through a mutual fund referred to in the second paragraph.
1978, c. 87, s. 395; 1996, c. 77, s. 65; 2000, c. 29, s. 683.
395. The Regional Government may deposit at interest in a Canadian chartered bank or a credit and savings union, invest in the public funds of Canada or Québec, or loan on first hypothec, any moneys belonging to it.
The Regional Government may invest the monies belonging to it by purchasing shares in a mutual fund provided for in the third paragraph of section 99 of the Cities and Towns Act (chapter C-19).
The Minister may, by regulation, determine other securities in which the Regional Government may invest the monies belonging to it through a mutual fund referred to in the second paragraph.
1978, c. 87, s. 395; 1996, c. 77, s. 65.
395. The Regional Government may deposit at interest in a Canadian chartered bank or a credit and savings union, invest in the public funds of Canada or Québec, or loan on first hypothec, any moneys belonging to it.
1978, c. 87, s. 395.
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