40. No deed, document or writing binds the Société unless it is signed by the chair of the board of directors, the president and chief executive officer of the Société or a member of its personnel and, in the latter case, only to the extent determined by by-law of the Société.
The Société, on the conditions it determines, may allow a required signature to be affixed by means of an automatic device to the documents it determines, or a facsimile of a signature to be engraved, lithographed or printed on such documents. However, the facsimile has the same force as the signature itself only if the document is countersigned by a person authorized by the chair of the board of directors or the president and chief executive officer of the Société.
1994, c. 21, s. 40; 2007, c. 13, s. 10.