C-29, r. 3 - Regulation respecting the standards, conditions and procedure for alienation of an immovable of a general and vocational college

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3. The alienation of an immovable of a college the value of which exceeds $100,000 must be made through a public call for tenders. Notwithstanding the foregoing, if the immovable is enclosed, it may be alienated following a written invitation to tender to the owners of the adjacent immovables or, if only one owner is concerned, by agreement.
O.C. 1087-99, s. 3.