I-13.021 - Act respecting the Institut national d’excellence en éducation

Section 24 Disposition versions

Not in force

Not in force

24. The institute may not, without the Government’s authorization,

(1)  contract a loan that causes the total of its outstanding loans to exceed the amount determined by the Government;

(2)  make a financial commitment in excess of the limits or in contravention of the terms determined by the Government;

(3)  acquire or dispose of other assets in excess of the limits or in contravention of the terms determined by the Government; or

(4)  accept a gift or legacy to which a charge or condition is attached.

2023, c. 32, s. 65.