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A-10, r. 1 - Regulation respecting travel agents

Section 43
Disposition versions

Full text
43. The sums making up the Fonds d’indemnisation des clients des agents de voyages must be deposited with the financial institution chosen by the president and may be invested in accordance with the rules pertaining to investments presumed sound set out in the Civil Code.
The sums may also be deposited with the Caisse de dépôt et placement du Québec according to the terms and conditions determined by the president and the Caisse.
R.R.Q., 1981, c. A-10, r. 1, s. 43; O.C. 994-86, s. 7; O.C. 449-90, s. 13; O.C. 962-2004, s. 24; O.C. 986-2018, s. 36.
43. The president shall be the manager of the sums making up the Fonds d’indemnisation des clients des agents de voyages.
The president shall hold those sums in trust.
The sums must be deposited with the financial institution chosen by the president and may be invested in accordance with the rules pertaining to investments presumed sound set out in the Civil Code.
The sums may also be deposited with the Caisse de dépôt et placement du Québec according to the terms and conditions determined by the president and the Caisse.
R.R.Q., 1981, c. A-10, r. 1, s. 43; O.C. 994-86, s. 7; O.C. 449-90, s. 13; O.C. 962-2004, s. 24.
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