A-12, r. 7.2 - Regulation respecting the practice of agrology within a partnership or a joint-stock company

Section 2 Disposition versions

2015-12-31

2. An agrologist may carry on professional activities within a partnership or joint-stock company referred to in Chapter VI.3 of the Professional Code (chapter C-26) that does not hold itself out to be a partnership or a joint-stock company of agrologists, if

(1)  more than 50% of the voting rights attached to the shares of the partnership or joint-stock company are held by

(a)  professionals governed by the Professional Code;

(b)  persons who have a legal authorization to practise the profession, issued in another Canadian province or in a Canadian territory;

(c)  a legal person, trust or any other enterprise whose voting rights attached to the shares or other participation are held in majority by one or more persons referred to in subparagraphs a and b; or

(d)  a combination of persons, trusts or any other enterprise referred to in subparagraphs a to c;

(2)  a majority of the directors of the joint-stock company or, as the case may be, the partners or, where applicable, the managers appointed by the partners to manage the activities of the limited liability partnership are in majority persons referred to in subparagraph a or subparagraph b of subparagraph 1; and

(3)  the quorum at the meetings of the board of directors or, as the case may be, the internal management board, is composed of a majority of persons referred to in subparagraph a or subparagraph b of subparagraph 1.

An agrologist must ensure that the conditions set out in the first paragraph appear in the articles of constitution of the joint-stock company or are stipulated in the contract constituting the limited liability partnership, in the unanimous shareholders’ agreement or in any other document relating to the constitution and operation of the partnership or joint-stock company. The agrologist must also ensure that it is also provided that the partnership or joint-stock company is constituted for the purposes of carrying on professional activities.

O.C. 1070-2015, s. 2.