P-16 - Act respecting the special powers of legal persons

Full text
28. (Repealed).
R. S. 1964, c. 275, s. 23; 1992, c. 57, s. 644.
28. Such hypothecation, mortgaging or pledging may be by trust deed to any trustee, and such security shall be good and valid, notwithstanding that the mortgagor or pledgor may be permitted by the trustee to remain in the possession and use of the property so mortgaged or pledged.
R. S. 1964, c. 275, s. 23.