12. The affairs of the Société are administered by a board of directors of seven members, all appointed by the Minister, composed of the following persons:
(1) five members from among the persons holding a position as associate deputy minister or assistant deputy minister in the public service, of which two are from the Ministère des Finances, one from the Ministère des Transports and one from the Ministère des Affaires municipales, des Régions et de l’Occupation du territoire; and
(2) two members from among the members of the council of a municipality appointed after consultation with representatives of the municipal sector, including representatives of the Union des municipalités du Québec and of the Fédération québécoise des municipalités locales et régionales (FQM).
The members referred to in subparagraph 1 of the first paragraph who do not exercise their functions within the Ministère des Finances are appointed on the recommendation of the minister to whom they are responsible.
Board members are appointed for a term not exceeding five years.
On the expiry of their term, board members remain in office until replaced or reappointed.
2004, c. 35, s. 12; I.N. 2019-12-01; 2022, c. 192022, c. 19, s. 3281.