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D-8.0.1 - James Bay Region Development Act

Section 20
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20. (Repealed).
1971, c. 34, s. 20; 1999, c. 69, s. 6.
20. No member of the board of directors of a subsidiary or any officer or employee thereof shall, under pain of forfeiture of his office, have any direct or indirect interest in an undertaking putting his personal interest in conflict with that of the subsidiary. Such forfeiture, however, shall not be incurred if such interest devolves to him by succession or gift, provided that he renounces or disposes of it with all possible dispatch.
1971, c. 34, s. 20.
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