Acts and Regulations

M-10 - Mental Health Act

Full text
Interest in proceeds of disposition of property by Public Trustee acting as committee
45A person of whose estate the Public Trustee is committee under this Act or by an order made under this Act and his heirs, executors, administrators, next of kin, legatees, devisees and assigns shall have the same interest in any money or other property, real or personal, arising from a sale, mortgage, exchange or other disposition by the Public Trustee acting as such committee as they would have had in the property that is the subject of the sale, mortgage, exchange or other disposition if no sale, mortgage, exchange or other disposition had been made, and the surplus money or property shall be of the same nature as the property sold, mortgaged, exchanged or disposed of.
1969, c.13, s.45; 2005, c.P-26.5, s.28
Interest in proceeds of disposition of property by Administrator of Estates acting as committee
45A person of whose estate the Administrator of Estates is committee under this Act or by an order made under this Act and his heirs, executors, administrators, next of kin, legatees, devisees and assigns shall have the same interest in any money or other property, real or personal, arising from a sale, mortgage, exchange or other disposition by the Administrator of Estates acting as such committee as they would have had in the property that is the subject of the sale, mortgage, exchange or other disposition if no sale, mortgage, exchange or other disposition had been made, and the surplus money or property shall be of the same nature as the property sold, mortgaged, exchanged or disposed of.
1969, c.13, s.45