S-10 - Act respecting the Société de développement coopératif

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20. The board of directors shall appoint five of its members, including at least three of those contemplated in section 9, to be an executive committee. The chairman of the corporation is, exofficio, a member and the chairman of the executive committee.
The executive committee shall exercise the powers assigned to it by the internal management by-laws of the corporation.
1977, c. 69, s. 20.