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R-15.1 - Supplemental Pension Plans Act

Section 265
Disposition versions

Full text
265. (Repealed).
1989, c. 38, s. 265; 1992, c. 57, s. 690.
265. Any amount that an employer fails to pay into the pension fund or to the insurer shall constitute a privileged claim on his movable and immovable property.
Such privilege shall be collocated at the same rank as the claims of suppliers as to movable property and as the claims for servant’s wages as to immovable property.
The privilege on the immovable property is created and preserved on the conditions specified in article 2103 of the Civil Code of Lower Canada; the registration required by the said article may be effected by any interested person within 60 days after the day on which the interested person becomes aware of the employer’s default.
1989, c. 38, s. 265.
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