S-29.01 - Act respecting trust companies and savings companies

Full text
141. A company shall without delay give notice in writing to the beneficiary of any interest it has in an enterprise and that might place it in a situation of conflict of interest, and of any rights it may claim against him or against the administered property, indicating the nature and value of such rights. It is not required to give notice of any interest or rights resulting from the act that gave rise to the administration.
Notification of interests or rights in property of a trust that is subject to the supervision of a person or body designated by law shall be given to the latter.
1987, c. 95, s. 141.