S-29.01 - Act respecting trust companies and savings companies

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116. A Québec company may purchase insurance for the benefit of a person contemplated in section 107 or any person who acts at its request as director or officer of a legal person in which the company is a shareholder or of which it is a creditor, against any liability incurred by such person by reason of his duties except liability resulting from failure to act honestly and in good faith.
1987, c. 95, s. 116.