A-32 - Act respecting insurance

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93.103. If the board of directors of a mutual insurance association consists of more than six directors it may, if so authorized by the internal management by-laws, establish an executive committee consisting of not fewer than three directors including the chairman and vice-chairman.
In no case may the number of members of the executive committee exceed one-half of the number of directors.
1985, c. 17, s. 6.