D-9.2 - Act respecting the distribution of financial products and services

Full text
175. (Repealed).
1998, c. 37, s. 175; 2002, c. 45, s. 379.
175. A member of the board who is in a situation of conflict of interest must, on pain of forfeiture of office, disclose the situation, refrain from voting on any question concerning the situation, and avoid influencing any decision relating to the situation. The member must, in addition, withdraw from a meeting during any discussion or vote relating to the situation.
Articles 838 to 840 of the Code of Civil Procedure (chapter C‐25), adapted as required, apply to a motion to terminate the term of office of a board member. The decision of the court is executory and final and may not be appealed.
1998, c. 37, s. 175.