S-29.01 - Act respecting trust companies and savings companies

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88. A majority of the directors constitutes a quorum at meetings of the board of directors, unless otherwise provided in the by-laws of the company. The quorum may not, however, be less than two-fifths of the number of directors.
1987, c. 95, s. 88; 2009, c. 52, s. 699.
88. A majority of the directors constitutes a quorum at meetings of the board of directors, unless otherwise provided in the internal by-laws of the company. The quorum may not, however, be less than two-fifths of the number of directors.
1987, c. 95, s. 88.