Volume 1, Draft Civil Code - Digital exhibitions & collections - McGill ...

PROPERTY 303
are useful for the preservation of the property in a good state
of repair and use for the purposes for which it is intended.
500 The administrator charged with simple administration
exercises the rights attached to the property administered.
He collects all debts subject to his administration and
gives a valid discharge for them.
501 The administrator is not obliged to make improvements
to the property or to make it productive, except as regards
sums not required for disbursements.
502 The administrator is bound to collect the fruits yielded
by the property.
503 The administrator must continue the use for which the
property which yields the fruits is intended, without changing
its destination.
However, if the property administered includes a commercial
or other enterprise, the administrator may not operate
it without express authorization from the beneficiary or,
failing this authorization, by the court on motion.
504 The administrator may perform acts of disposition by
onerous title and, in particular, create a hypothec when funds
are insufficient to pay the debts.
With the express authorization of the beneficiary or,
failing this, of the court on motion, he may also do so when
this is required to maintain the value of the property or to keep
the property in a good state of repair or operation.
505 The administrator may also perform acts of disposition
by onerous title when the property is perishable by nature.
506 The administrator may make investments and change
them.