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I-0.3 - Act respecting Immobilière SHQ

Section 33
Disposition versions

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33. The residential immovables belonging to the Société d’habitation du Québec and the rights and obligations arising from the loans granted by it to housing bureaus or other non-profit organizations shall, from 1 January 2000, be transferred to Immobilière SHQ on such conditions as may be determined by the Government.
Immobilière SHQ shall acquire all the rights and assume all the obligations of the Société d’habitation du Québec in respect of the property so transferred, including the rights and obligations arising from the loans contracted by the Société d’habitation du Québec to finance the completion of those immovables or to grant those loans.
Proceedings to which the Société d’habitation du Québec is a party in relation to that property are continued by Immobilière SHQ without continuance of suit.
1999, c. 16, s. 33; 2002, c. 37, s. 240.
33. The residential immovables belonging to the Société d’habitation du Québec and the rights and obligations arising from the loans granted by it to municipal housing bureaus or other non-profit organizations shall, from 1 January 2000, be transferred to Immobilière SHQ on such conditions as may be determined by the Government.
Immobilière SHQ shall acquire all the rights and assume all the obligations of the Société d’habitation du Québec in respect of the property so transferred, including the rights and obligations arising from the loans contracted by the Société d’habitation du Québec to finance the completion of those immovables or to grant those loans.
Proceedings to which the Société d’habitation du Québec is a party in relation to that property are continued by Immobilière SHQ without continuance of suit.
1999, c. 16, s. 33.
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