74. Any municipality may, for the preparation or the carrying out of a program of neighbourhood improvement, contract, by by-law, loans for a term not exceeding twenty-five years, with the approval of the Commission municipale du Québec, which may authorize the municipality to give such guarantee as it determines. These loans require no other approval than that of the Minister of Municipal Affairs.
1974, c. 49, s. 29; 1977, c. 5, s. 14; 1982, c. 63, s. 247.