P-2.2, r. 1 - Regulation respecting the collection of support

Section 2 Disposition versions

2012-09-01

2. The security required under subparagraph 2 of the first paragraph of section 3 or the second paragraph of section 26 of the Act shall be furnished in the form of

(1)  a sum of money;

(2)  a security contract issued by a financial institution having its head office or a place of business in Québec;

(3)  a certificate of deposit with a financial institution having its head office or a place of business in Québec; or

(4)  a bond, note or other similar obligation issued or guaranteed by the State, by another government in Canada or by a legal person established in the public interest;

(5)  a written undertaking given by a financial institution having its head office or a place of business in Québec to pay such security to the Minister upon request; or

(6)  a written undertaking given by an advocate or a notary who irrevocably holds the security in trust to pay such security to the Minister upon request.

O.C. 1531-95, s. 2; O.C. 779-99, s. 2.