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M-35.1 - Act respecting the marketing of agricultural, food and fish products
Section 61
Disposition versions
61. The alienation or transfer of the whole or part of the undertaking of a person or partnership engaged in the marketing of a regulated product shall not invalidate a joint plan, a homologated agreement, an arbitration award or any procedure relating to the approval or carrying out of a plan, agreement or arbitration award.
Notwithstanding the alienation or transfer of the whole or part of such an undertaking or the division or merger or any change in the legal structure of such an undertaking, the subsequent acquirer is bound by the plan, the agreement or the arbitration award as though he were named in it, and he shall forthwith be substituted for the transferor in any procedure relating thereto.
The Régie may render any decision it considers necessary to evidence the transfer of the rights and obligations arising from this section and to settle any dispute resulting from its application.
61. The alienation or transfer of the whole or part of the undertaking of a person or partnership engaged in the marketing of a regulated product shall not invalidate a joint plan, a homologated agreement, an arbitration award or any procedure relating to the approval or carrying out of a plan, agreement or arbitration award.
Notwithstanding the alienation or transfer of the whole or part of such an undertaking or the division or merger or any change in the legal structure of such an undertaking, the subsequent acquirer is bound by the plan, the agreement or the arbitration award as though he were named in it, and he shall become ipso facto a party without continuance of suit to any proceeding relating thereto, in the place and stead of the transferor.
The Régie may render any decision it considers necessary to evidence the transfer of the rights and obligations arising from this section and to settle any dispute resulting from its application.
