5. The sums constituting the fund are invested by the executive committee as follows:(1) the portion of those sums which the executive committee intends to use on a short-term basis is deposited in a financial institution governed by the Act respecting trust companies and savings companies (chapter S-29.01), by the Bank Act (S.C. 1991, c. 46), by the Act respecting financial services cooperatives (chapter C-67.3) or by the Trust and Loan Companies Act (S.C. 1991, c. 45);
(2) the balance is invested in accordance with article 1339 of the Civil Code.