C-68.1 - Act respecting the Corporation d’hébergement du Québec

Section 24 Disposition versions

2002-03-01

24. A document is binding on the Corporation or may be attributed to it only if it is signed by the chief executive officer, the vice-chair of the board of directors or the secretary or by any other person and, in the latter case, only to the extent determined in the internal by-laws of the Corporation.

The rules governing the delegation of signing authority may provide for subdelegation and the mechanics thereof.

The by-laws may also authorize any person to conclude any borrowing transaction under a borrowing plan established pursuant to Chapter VIII of the Financial Administration Act (chapter A-6.001) or determine the amounts and characteristics of, and fix or accept the terms and conditions relating to, the transaction, to conclude or resiliate currency exchange or interest rate exchange agreements, acquire, hold, invest in, conclude, dispose of or terminate financial instruments or contracts governed by that chapter or by a program established under the provisions of that chapter, and to sign documents relating to such borrowings, agreements, instruments or contracts.

1999, c. 34, s. 24; 2001, c. 75, s. 2.

1999-12-01

24. A document is binding on the Corporation or may be attributed to it only if it is signed by the chief executive officer, the vice-chair of the board of directors or the secretary or, to the extent determined in the internal by-laws of the Corporation, by another member of the Corporation’s personnel.

The rules governing the delegation of signing authority may provide for subdelegation and the mechanics thereof.

1999, c. 34, s. 24.