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D-9.2 - Act respecting the distribution of financial products and services
Section 290
Versions
290. The board members of a Chamber who qualify as independent members shall be appointed by the Minister, on a recommendation of the board.
The situations that the board must examine in order to determine whether a board member qualifies as an independent member shall be specified in the Chamber’s internal management by-law.
The board shall send the Minister any document required by the Minister for the purpose of appointing an independent member.
290. The members of the board of the Chambre de l’assurance de dommages who are from the industry shall be elected, according to the procedure set out in the Chamber’s internal management by-law, by damage insurance agents, damage insurance brokers and claims adjusters.
The board members who qualify as independent members shall be appointed by the Minister, on a recommendation of the board.
The situations that the board must examine in order to determine whether a board member qualifies as an independent member shall be specified in the Chamber’s internal management by-law.
The board shall send the Minister any document required by the Minister for the purpose of appointing an independent member.
290. The members of the board of the Chambre de l’assurance de dommages, except those appointed by the Minister, shall be elected by damage insurance agents, damage insurance brokers and claims adjusters.
Eleven members shall be elected to the board by the damage insurance agents, damage insurance brokers and claims adjusters in the employ of an insurer and the claims adjusters not in the employ of an insurer, in proportion to the number of representatives in each group and in accordance with the procedure determined by the internal management by-law of the Chamber.
290. The members of the board of the Chambre de l’assurance de dommages, except those appointed by the Minister, shall be elected by damage insurance agents, damage insurance brokers and claims adjusters.
Two members of the board shall be elected by damage insurance agents, five members by damage insurance brokers, and two members by claims adjusters, from among their number.
