C-48.1, r. 9 - Regulation respecting trust accounting by chartered professional accountants and the indemnity fund of the Ordre des comptables professionnels agréés du Québec

Section 45 Disposition versions

2012-09-01

45. Where the board of directors believes that claims in excess of $300,000 may be filed against the fund in respect of a member, it shall suspend the payment of indemnities until it has reviewed all claims concerning the member. The board of directors shall, as the case may be:

(1)  cause a notice to be published in a newspaper having general circulation in the location where the member has or had his professional domicile inviting any person to inform the Order of claims for which an indemnity is likely to be paid in accordance with this Regulation;

(2)  cause an inventory to be made of the sums or property entrusted to the member and notify in writing the persons likely to file a claim.

O.C. 57-2007, s. 45.