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CCQ-1991 - Civil Code of Québec

Section 2775
Disposition versions

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2775. The taking of possession terminates when the claim of the creditor is satisfied in capital, interest and costs, when the exercise of his right is defeated, when he publishes a prior notice of the exercise of another hypothecary right, and under the same circumstances as the termination of the administration of the property of others. The bankruptcy of the person against whom the hypothecary right is exercised does not terminate the taking of possession.
1991, c. 64, a. 2775; I.N. 2014-05-01.
2775. Taking of possession terminates under the same circumstances as administration of the property of others, and also where the creditor is satisfied with his claim in capital, interest and costs, or where he fails in the attempt to exercise his right, or where the creditor has published a prior notice of the exercise of another hypothecary right. The bankruptcy of the person against whom the hypothecary right is exercised does not terminate taking of possession.
1991, c. 64, a. 2775.
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