S-40 - Professional Syndicates Act

Full text
17. As between members, special funds shall only be liable for their own debts except in a general liquidation when all the funds, after their particular debts have been paid, shall, subject to the Supplemental Pension Plans Act (chapter R-15.1), be turned into the general fund of the syndicate.
R. S. 1964, c. 146, s. 16; 1989, c. 38, s. 279.
17. As between members, special funds shall only be liable for their own debts except in a general liquidation when all the funds, after their particular debts have been paid, shall be turned into the general fund of the syndicate.
R. S. 1964, c. 146, s. 16.