S-29.02 - Trust Companies and Savings Companies Act

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82. The audit committee and the ethics committee of an authorized Québec trust company are each composed of at least three directors, a majority of whom are not
(1)  officers or employees of the company;
(2)  members of both the ethics committee and the audit committee;
(3)  directors, officers or other mandataries or employees of a group of which the company is the holder of control; or
(4)  holders of a significant interest in the company or in a business corporation affiliated with the company.
2018, c. 232018, c. 23, s. 395.
In force: 2019-06-13
82. The audit committee and the ethics committee of an authorized Québec trust company are each composed of at least three directors, a majority of whom are not
(1)  officers or employees of the company;
(2)  members of both the ethics committee and the audit committee;
(3)  directors, officers or other mandataries or employees of a group of which the company is the holder of control; or
(4)  holders of a significant interest in the company or in a business corporation affiliated with the company.
2018, c. 232018, c. 23, s. 395.