S-17.3 - Act respecting Société Innovatech Québec et Chaudière-Appalaches

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19. The chief executive officer may not, on pain of forfeiture of office, have any direct or indirect interest in an enterprise which places his personal interest in conflict with that of the Société. However, forfeiture is not incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with diligence.
Any member of the staff of the Société who has a direct or indirect interest in an enterprise which places his personal interest in conflict with that of the Société must, on pain of forfeiture of office, disclose his interest in writing to the chairman of the board of directors.
1993, c. 80, s. 19.