CCQ-1991 - Civil Code of Québec

Section 3104 Disposition versions

2014-05-01

3104. A security published in accordance with the law of the State where the property was situated at the time of creation of the security will be deemed to be published in Québec, from the first publication, if it is published in Québec before any of the following events, whichever occurs first:

(1)  the cessation of effect of publication in the State where the property was situated at the time of creation of the security;

(2)  the expiry of 30 days from the time the property has arrived in Québec;

(3)  the expiry of 15 days from the time the creditor is advised that the property has arrived in Québec.

However, the security may not be set up against a buyer who has acquired the property in the ordinary course of the activities of the grantor.

1991, c. 64, a. 3104; 1992, c. 57, s. 716; I.N. 2014-05-01.

1994-01-01

3104. A security published according to the law of the country where the property was situated at the time of creation of the security will be deemed to be published in Québec, from the first publication, if it is published in Québec before any of the following events, whichever occurs first:

(1)  the cessation of effect of publication in the country where the property was situated at the time of creation of the security;

(2)  the expiry of 30 days from the time the property reaches Québec;

(3)  the expiry of 15 days from the time the creditor is advised that the property has arrived in Québec.

However, the security may not be set up against a buyer who has acquired the property in the ordinary course of the activities of the grantor.

1991, c. 64, a. 3104; 1992, c. 57, s. 716.