C-48.1, r. 3 - Regulation respecting the professional liability insurance of certified management accountants of Québec

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1. A member of the Ordre professionnel des comptables en management accrédités du Québec who practises full or part time in a private practice, on the member’s own account or for the account of a partnership of members, shall contribute to an insurance contract establishing coverage against any liability the member may incur as a result of faults or negligence committed in the practice of the profession.
The insurance contract may be entered into in the name of a partnership of members, but the coverage shall extend to each of the partners or employees individually.
Where a member employs other members, the coverage shall extend to each of the employed members individually.
O.C. 166-93, s. 1.