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CCQ-1991 - Civil Code of Québec

Section 2787
Disposition versions

Full text
2787. A creditor who proceeds by a call for tenders may do so by invitation or by a public call for tenders.
Sufficient information shall be included in the call for tenders to enable any interested person to make an offer at the proper time and place.
The creditor is bound to accept the highest offer unless the conditions attached to it render it less advantageous than another lower offer, or unless the price offered is not commercially reasonable.
1991, c. 64, a. 2787; 2014, c. 1, s. 800.
2787. A creditor who proceeds by a call for tenders may do so through the newspapers or by invitation.
Sufficient information shall be included in the call for tenders to enable any interested person to make an offer at the proper time and place.
The creditor is bound to accept the highest offer unless the conditions attached to it render it less advantageous than another lower offer, or unless the price offered is not commercially reasonable.
1991, c. 64, a. 2787.
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