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A-32 - Act respecting insurance

Section 59
Disposition versions

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59. Not more than one-third of the board of directors of an insurance company may be composed of remunerated officers and employees of that company or of a legal person with which it is affiliated, including persons who have been employed by either the company or the legal person in the preceding two years.
1974, c. 70, s. 59; 1990, c. 86, s. 8; 1996, c. 63, s. 80; 2002, c. 70, s. 35.
59. Not more than one-third of the board of directors or the executive committee of an insurance company may be composed of remunerated officers and employees of that company or of a legal person with which it is affiliated, including persons who have been employed by either the company or the legal person in the preceding two years.
1974, c. 70, s. 59; 1990, c. 86, s. 8; 1996, c. 63, s. 80.
59. Not more than one-third of the board of directors or the executive committee of an insurance company may be composed of remunerated officers and employees of that company or of a corporation with which it is affiliated, including persons who have been employed by either the company or the corporation in the preceding two years.
1974, c. 70, s. 59; 1990, c. 86, s. 8.
59. Not more than one-third of the board of directors of an insurance company shall be composed of remunerated officers of the company.
1974, c. 70, s. 59.
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