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S-22 - Act respecting the Société québécoise d’initiatives pétrolières
Section 13
Disposition versions
13. The president of the Company is responsible for the administration and the direction of the Company within the scope of its by-laws and policies. He is, exofficio, the director general of the Company and he exercises his functions on a full-time basis.
The president’s remuneration and the other conditions under which he exercises his functions are established by a contract which binds him to the Company. The contract has effect only if ratified by the Government.
13. Except in the case of the president, every vacancy occurring during a term of office shall be filled for the unexpired portion of the term of the member to be replaced.
