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C-37.2 - Act respecting the Communauté urbaine de Montréal

Section 284
Disposition versions

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284. The bonds, notes and other securities issued by the Commission shall be authorized investments within the meaning of paragraph a of article 981o of the Civil Code. Such bonds, notes and other securities shall constitute for the holders thereof direct and general obligations of the Commission and of the municipalities mentioned in Schedules A and B. They shall rank concurrently and paripassu with all other general bonds of the Commission.
1972, c. 73, s. 17; 1974, c. 82, s. 39; 1977, c. 5, s. 14.
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