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C-44 - Gas, Water and Electricity Companies Act

Section 13
Disposition versions

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13. The stock, property and business of a company constituted in virtue of this Act or any other Act relating to joint stock companies for gas and water shall be managed by not less than three nor more than nine directors, as provided in the by-laws, and such directors shall all be stockholders in the company, and a majority of such directors shall constitute a quorum for the transaction of business.
R. S. 1964, c. 285, s. 13; 1999, c. 40, s. 73.
13. The stock, property and business of a company incorporated in virtue of this act or any other act relating to joint stock companies for gas and water shall be managed by not less than three nor more than nine directors, as provided in the by-laws, and such directors shall all be stockholders in the company, and a majority of such directors shall constitute a quorum for the transaction of business.
R. S. 1964, c. 285, s. 13.
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