S-29.02 - Trust Companies and Savings Companies Act

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200. In addition to persons disqualified for office as directors under the Civil Code, the following persons cannot be directors of a regulated corporation:
(1)  a person found guilty of an indictable offence or other offence involving fraud or dishonesty, unless the person has obtained a pardon; and
(2)  a person who, by reason of an order issued by the Authority under section 196 or 197, cannot exercise the voting rights conferred on the person by shares issued by the corporation.
2018, c. 232018, c. 23, s. 395.
In force: 2019-06-13
200. In addition to persons disqualified for office as directors under the Civil Code, the following persons cannot be directors of a regulated corporation:
(1)  a person found guilty of an indictable offence or other offence involving fraud or dishonesty, unless the person has obtained a pardon; and
(2)  a person who, by reason of an order issued by the Authority under section 196 or 197, cannot exercise the voting rights conferred on the person by shares issued by the corporation.
2018, c. 232018, c. 23, s. 395.