50. The Société de financement agricole shall advise the registrar of each registration division that it has been substituted for the Office du crédit agricole du Québec with respect to any loan it has granted. This notice shall have the same effect for each of the immovables hypothecated in favour of the Office as though it had been given pursuant to the provisions of articles 3022 and 3023 of the Civil Code. The registrar is not required to comply with the prescriptions of the said articles following such notice.
1992, c. 32, s. 50; 1999, c. 40, s. 278.