H-5 - Hydro-Québec Act

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39.5. The affairs of the company are administered by a board of directors composed of not more than nine members appointed by the Company for a term not exceeding two years.
The members of the board are the directors of the company within the meaning of the Companies Act (chapter C-38); however, they need not be shareholders.
1978, c. 41, s. 12; 1983, c. 15, s. 26; 1999, c. 40, s. 145.
39.5. The affairs of the company are administered by a board of directors composed of not more than nine members appointed by the Corporation for a term not exceeding two years.
The members of the board are the directors of the company within the meaning of the Companies Act (chapter C-38); however, they need not be shareholders.
1978, c. 41, s. 12; 1983, c. 15, s. 26.
39.5. The members of the board of directors of the Corporation are the directors of the company within the meaning of the Companies Act, but need not be shareholders.
Their term of office is that fixed under subparagraph a of the first paragraph of section 4.
On the expiration of their term, the directors remain in office until they are replaced or reappointed.
1978, c. 41, s. 12.