Q-1 - Act respecting building contractors vocational qualifications

Full text
34.1. The board may, by by-law, require of any natural person, partnership or corporation applying for a licence, security pavable to the Minister of Finance in order to indemnify his or its clients in the case of fraud, fraudulent misuse or misappropriation of funds committed in their regard by the contractor, the employees or agents of the contractor or, in the case of a partnership or corporation, by its members or directors. The terms and conditions, amount and form of such security and the manner in which it shall be used, shall be determined by regulation.
1979, c. 2, s. 8.