C-26, r. 34 - Regulation respecting the indemnity fund of the Ordre des comptables en management accrédités du Québec

Section 2 Disposition versions

2012-09-01

2. The fund must be maintained at a minimum balance of $75,000. It particularly consists of

(1)  amounts allocated to the fund by the board of directors;

(2)  assessments fixed for that purpose;

(3)  amounts recovered from members under a subrogation or pursuant to section 159 of the Professional Code (chapter C-26);

(4)  revenue from and the growth of fund assets;

(5)  amounts that may be paid by an insurer under an insurance or reinsurance policy taken out by the board of directors;

(6)  amounts received by the Order for deposit into the fund;

(7)  interest and other income generated by the members’ general trust accounts.

O.C. 945-2010, s. 2.