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C-6.1 - Act constituting Capital régional et coopératif Desjardins

Section 7
Disposition versions

Full text
7. Any director or officer having an interest in an economic activity causing the director’s or officer’s personal interest to conflict with that of the Société shall, under pain of forfeiture of office, disclose the interest. In addition, such a director shall abstain from voting on any decision involving the activity in which the director has an interest.
The director or officer is deemed to have an interest in any economic activity in which an immediate family member has an interest.
2001, c. 36, s. 7; 2020, c. 5, s. 206.
7. Any director having an interest in an economic activity causing the director’s personal interest to conflict with that of the Société shall, under pain of forfeiture of office, disclose the interest and abstain from voting on any decision involving the activity in which the director has an interest.
A director is deemed to have an interest in any economic activity in which the director’s spouse or child has an interest.
2001, c. 36, s. 7.
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