53. Every institute or school constituted under section 50 is a corporation within the meaning of the Civil Code of Lower Canada and may exercise all the general powers thereof in addition to the special powers assigned to it by this Act.
It may in particular exercise the same powers as those assigned to the University by subparagraphs c to j of section 4; the exercise of the powers provided for in paragraphs c to h of the said section is subject to the conditions fixed by a by-law of the Board of Governors, which by-law may require the authorization of the Board of Governors, of the executive committee or of the president.
Any by-law made under the second paragraph shall come into force on the date of its publication in the Gazette officielle du Québec.
Any contract made by an institute or school without the authorization contemplated in the second paragraph in the cases where it is required shall be null.
1968, c. 66, s. 53; 1990, c. 62, s. 14.