C-48.1, r. 16 - Regulation respecting the practice of the chartered professional accountancy profession within a partnership or a joint-stock company

Full text
13. The suretyship shall be granted by a bank, savings and credit union, trust or insurance company which shall be domiciled in Canada and hold and maintain sufficient property in Québec to satisfy the liability coverage required under this division.
The institution referred to above shall undertake to provide the coverage in accordance with the conditions set out in this division, without availing itself of the benefits of division and discussion.
O.C. 57-2003, s. 13.