C-37.2 - Act respecting the Communauté urbaine de Montréal

Section 291.26 Disposition versions

2001-10-09

291.26. In the case of acquisition by agreement or expropriation by the Société of the capital stock of a public transport undertaking, the Société shall assume the obligations of the undertaking and all hypothecs relating thereto and encumbering the property of such undertaking shall be extinguished.

The application for cancellation of the hypothecs is made at the registry office and must be signed by the chairman of the board of directors and the secretary of the Société.

The application shall

(1)  attest that the Société has assumed the obligations of the public transport undertaking at the time of the acquisition, by agreement or expropriation, as the case may be, of the capital stock thereof;

(2)  designate the immovable property affected by such registration;

(3)  specify the registration numbers of the hypothecs to be cancelled.

The application shall make prima facie proof of its contents without having to prove the authority of the signatories.

1985, c. 31, s. 23; 1992, c. 57, s. 508; 1999, c. 40, s. 68; 2000, c. 42, s. 141.

1999-10-22

291.26. In the case of acquisition by agreement or expropriation by the Société of the capital stock of a public transport undertaking, the Société shall assume the obligations of the undertaking and all hypothecs relating thereto and encumbering the property of such undertaking shall be extinguished.

The application for cancellation of the hypothecs is made at the registry office of the registration division and must be signed by the chairman of the board of directors and the secretary of the Société.

The application shall

(1)  attest that the Société has assumed the obligations of the public transport undertaking at the time of the acquisition, by agreement or expropriation, as the case may be, of the capital stock thereof;

(2)  designate the immovable property affected by such registration;

(3)  specify the registration numbers of the hypothecs to be cancelled.

The application shall make prima facie proof of its contents without having to prove the authority of the signatories.

1985, c. 31, s. 23; 1992, c. 57, s. 508; 1999, c. 40, s. 68.

1994-01-01

291.26. In the case of acquisition by agreement or expropriation by the corporation of the capital stock of a public transport undertaking, the corporation shall assume the obligations of the undertaking and all hypothecs relating thereto and encumbering the property of such undertaking shall be extinguished.

The cancellation of the registration of the hypothecs shall be effected by the presentation and deposit, for purposes of cancellation, at the office of the registration division contemplated, of a requisition therefor, signed by the chairman of the board of directors and the secretary of the corporation.

The requisition shall

(1)  attest that the corporation has assumed the obligations of the public transport undertaking at the time of the acquisition, by agreement or expropriation, as the case may be, of the capital stock thereof;

(2)  designate the immovable property affected by such registration;

(3)  specify the registration numbers of the hypothecs to be cancelled.

The requisition shall make prima facie proof of its contents without having to prove the authority of the signatories.

1985, c. 31, s. 23; 1992, c. 57, s. 508.

1985-06-20

291.26. In the case of acquisition by agreement or expropriation by the corporation of the capital stock of a public transport undertaking, the corporation shall assume the obligations of the undertaking and all hypothecs and guarantees relating thereto and encumbering the property of such undertaking shall be extinguished.

The cancellation of the registration of the hypothecs and guarantees shall be effected by the presentation and deposit, for purposes of cancellation, at the office of the registration division contemplated, of a requisition therefor, signed by the chairman of the board of directors and the secretary of the corporation.

The requisition shall

(1)  attest that the corporation has assumed the obligations of the public transport undertaking at the time of the acquisition, by agreement or expropriation, as the case may be, of the capital stock thereof;

(2)  designate the immovable property affected by such registration;

(3)  specify the registration numbers of the hypothecs and guarantees to be cancelled.

The requisition shall make prima facie proof of its contents without having to prove the authority of the signatories.

1985, c. 31, s. 23.