S-29.01 - Act respecting trust companies and savings companies

Full text
105. The shareholders of a Québec company shall pass a special resolution to fix the aggregate amount of remuneration which may be paid to the members of the board of directors for a given period. No director may receive any remuneration before the resolution is passed.
1987, c. 95, s. 105; 2009, c. 52, s. 702.
105. Every Québec company shall fix by by-law the aggregate amount of remuneration which may be paid to the members of the board of directors for a given period. No director may receive any remuneration before the by-law is adopted.
1987, c. 95, s. 105.