Hometime

Hometime · Alberta legislation

SS Houses with a Secondary Suite

SS · Civil Enforcement Act

Part 11 — Distributions

100 Distributable fund exceeds claims, etc.

Current to 2024-06-01 · Official PDF

Where the amount of the distributable fund from which
eligible claims are to be paid is equal to or greater than the amount
of the eligible claims against the distributable fund, the distributing
authority must, from the distributable fund,
(a) first, pay the eligible claims, and
(b) second, on paying the eligible claims pursuant to clause (a),
pay the remaining balance
(i) to the enforcement debtor, or
(ii) to any other person who is entitled to the money.
1994 cC-10.5 s100;1996 c28 s9