I-8.2 - Act respecting Infrastructure Québec

Section 14 Disposition versions

2010-03-17

14. Infrastructure Québec may not, without the Government’s authorization,

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

(2)  make a financial commitment in excess of the limits or contrary to the conditions determined by the Government;

(3)  acquire, hold or dispose of shares in a legal person or an interest in a partnership in excess of the limits or contrary to the conditions determined by the Government;

(4)  acquire or dispose of other assets in excess of the limits or contrary to the conditions determined by the Government; or

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

2009, c. 53, s. 14.