O-5.1 - Act respecting the Office Québec-Amériques pour la jeunesse

Section 24 Disposition versions

2000-09-13

24. The agency may not, without the authorization of the Government,

(1)  contract a loan that causes the total of its current outstanding loans to exceed the amount determined by the Government ;

(2)  make a financial commitment in excess of the limits or in contravention of the terms and conditions determined by the Government ;

(3)  acquire or hold shares in a legal person or an interest in a partnership in excess of the limits or in contravention of the terms and conditions determined by the Government ;

(4)  transfer shares in a legal person or an interest in a partnership in excess of the limits or in contravention of the terms and conditions determined by the Government ;

(5)  acquire or transfer other assets in excess of the limits or in contravention of the terms and conditions determined by the Government ;

(6)  accept a gift or legacy to which a charge or condition is attached.

2000, c. 18, s. 24.