C-73.1, r. 2 - By-law of the Association des courtiers et agents immobiliers du Québec

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117. Where a cheque or other bill of exchange received as a deposit is returned by the financial institution on which it was drawn, a certificate holder referred to in section 108 shall, without delay, notify in writing the parties to a transaction referred to in section 1 of the Act.
O.C. 1865-93, s. 117.