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C-26, r. 34 - Regulation respecting the indemnity fund of the Ordre des comptables en management accrédités du Québec

Section 5
Disposition versions

Full text
5. The amounts making up the fund must be invested by the board of directors as follows:
(1)  the portion of the amounts that the board of directors intends to use on a short-term basis must be deposited in a financial institution regulated by the Act respecting Trust Companies and Savings Companies (chapter S-29.01), by the Banks Act (S.C. 1991, c. 46), by the Act respecting Financial Services Cooperatives (chapter C-67.3) or by the Trust and Loan Companies Act (S.C. 1991, c. 45);
(2)  the remaining portion must be invested in accordance with article 1339 of the Civil Code.
O.C. 945-2010, s. 5.
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