41.1. All sums of money transferred to the Minister of Finance become property of the State.
A person who has a right in a sum of money so transferred to the Minister of Finance, or in the property from the liquidation of which the sums of money derive, may recover the sums of money from the Minister of Revenue, with interest calculated at the rate fixed by regulation from the date of transfer. Subject to the provisions of the Civil Code relating to the petition of inheritance, the right is not subject to prescription, except where it relates to a sum of money amounting to less than $500 at the time of transfer to the Minister of Finance, in which case the right to recover the sum of money is prescribed 10 years after the date of transfer.
The Minister of Finance is authorized to take the sums required to make the payments under the second paragraph out of the sums transferred to the Minister under the first paragraph and, if these are insufficient, out of the consolidated revenue fund.
On the conditions and to the extent the Government determines on the joint recommendation of the Minister of Revenue and the Minister of Finance, the Minister of Finance pays into the Generations Fund referred to in the Act to reduce the debt and establish the Generations Fund (chapter R-126.96.36.199) the sums transferred under the first paragraph, minus those required to make payments to the persons with rights under the second paragraph.
1997, c. 80, s. 25; 2005, c. 44, s. 37; 2006, c. 24, s. 13.