T-11.2 - Act respecting remunerated passenger transportation by automobile

Section 295 Disposition versions

2019-10-10

295. A hypothec that charges a taxi owner’s permit on 9 October 2019 attaches, by operation of law, to the permit holder’s right to the sums paid under the program mentioned in the first paragraph of section 287.

When two or more hypothecs that charged the same permit attach to such a right under the first paragraph, they keep the same ranking among themselves. A hypothec that charges a universality of claims, granted by the permit holder before the attachment provided for in the first paragraph, does not extend to that right.

A creditor may not enforce the hypothec that so attaches to that right against the Minister as long as the hypothec has not been set up against the Minister in the same way as an assignment of claims.

2019, c. 18, s. 295.