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C-37.2 - Act respecting the Communauté urbaine de Montréal
Section 228
Disposition versions
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228. Section 7 and Divisions V to X of the Act respecting municipal and school debts and loans (chapter D-7) shall apply to the Community.
The Minister may cause to be affixed the seal of the Ministère des Affaires municipales and the certificate provided for in section 12 of such act on any bond issued by the Community under a by-law approved by the Commission municipale du Québec; any bond issued by the Community under a by-law approved by the Commission municipale du Québec and bearing such seal and such certificate shall be valid and its validity may not be contested for any reason whatsoever.
Where the bonds issued by the Community may not be registered, pursuant to the conditions of their issue, sections 23 to 26 of Division IX of that act shall cease to apply in respect of such bonds.
