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Art. 529

210CCFederal ActJan 1, 1912Original source
  1. Where a life assurance claim maturing on the death of the deceased, including a claim arising from a restricted retirement savings plan, was established in favour of a third party by a disposition inter vivos or by a disposition mortis causa, or was transferred by the deceased during his or her lifetime to a third party without valuable consideration, such claim is subject to abatement at its redemption value.
  2. The claims of beneficiaries arising from the restricted retirement savings plan of the testator with a bank foundation are also subject to abatement.

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