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S-12 - Act respecting the Société de récupération, d’exploitation et de développement forestiers du Québec

Section 11
Disposition versions

Full text
11. The president of the Company and the other members of the board of directors are appointed by the Government for a periode not exceeding five years.
At the end of his term, a member of the board of directors remains in office until he is replaced or reappointed.
1973, c. 21, s. 11; 1979, c. 8, s. 2; 1996, c. 24, s. 5.
11. The members of the board of directors, including the president, may be elected for a term exceeding two years but not exceeding five years; in such a case, they shall not hold office nor be remunerated except in accordance with the conditions of a contract binding them with the Company for the whole duration of their term of office. Such a contract has effect only if it is ratified by the Government.
1973, c. 21, s. 11; 1979, c. 8, s. 2.
11. The Gouvernement shall determine the salary or where necessary the additional salary of the president, the vice-president and the other members of the board of directors and the indemnities to which they are entitled. Once fixed, their salaries cannot be reduced.
1973, c. 21, s. 11.
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