S-29.02 - Trust Companies and Savings Companies Act

Section 85 Disposition versions

2019-06-13

85. An authorized Québec trust company must have rules of ethics; they must be adopted by its ethics committee and be sent to the Authority.

Those rules must pertain to such subjects as

(1)  the conduct of the company’s directors and officers;

(2)  the conduct of the company with natural persons or groups that are restricted parties with respect to it; and

(3)  the formalities and conditions governing contracts with such persons or groups.

2018, c. 23, s. 395.

Not in force

In force: 2019-06-13

85. An authorized Québec trust company must have rules of ethics; they must be adopted by its ethics committee and be sent to the Authority.

Those rules must pertain to such subjects as

(1)  the conduct of the company’s directors and officers;

(2)  the conduct of the company with natural persons or groups that are restricted parties with respect to it; and

(3)  the formalities and conditions governing contracts with such persons or groups.

2018, c. 23, s. 395.