D-9.2 - Act respecting the distribution of financial products and services

Section 289 Disposition versions

2013-06-14

289. The members of the board of the Chambre de la sécurité financière who must be members of that Chamber are elected by the representatives in insurance of persons, group insurance representatives, mutual fund dealer representatives, scholarship plan dealer representatives and financial planners.

The members of the board of the Chambre de l’assurance de dommages who must be from the industry are elected by the damage insurance agents, damage insurance brokers and claims adjusters.

A Chamber’s internal management by-law must set out the procedure governing the election of the members of its board.

1998, c. 37, s. 289; 2009, c. 25, s. 85; 2011, c. 26, s. 24; 2013, c. 18, s. 53.

2011-11-30

289. The members of the board of the Chambre de la sécurité financière who are not appointed by the Minister shall be elected, according to the procedure set out in the Chamber’s internal management by-law, by all representatives in insurance of persons, group insurance representatives, mutual fund dealer representatives, scholarship plan dealer representatives and financial planners.

Three members of the board shall be elected by representatives in insurance of persons, one member by group insurance representatives, three members by mutual fund dealer representatives, one member by scholarship plan dealer representatives, and one member by financial planners, from among their number.

1998, c. 37, s. 289; 2009, c. 25, s. 85; 2011, c. 26, s. 24.

2009-09-28

289. The board members of the Chambre de la sécurité financière, except those appointed by the Minister, shall be elected by all representatives in insurance of persons, group insurance representatives, mutual fund dealer representatives, scholarship plan dealer representatives and financial planners.

Three members of the board shall be elected by representatives in insurance of persons, one member by group insurance representatives, three members by mutual fund dealer representatives, one member by scholarship plan dealer representatives, and one member by financial planners, from among their number.

1998, c. 37, s. 289; 2009, c. 25, s. 85.

1999-10-01

289. The board members of the Chambre de la sécurité financière, except those appointed by the Minister, shall be elected by all representatives in insurance of persons, group insurance representatives, securities representatives and financial planners.

Three members of the board shall be elected by representatives in insurance of persons, one member by group insurance representatives, three members by group savings plan representatives, one member by investment contract representatives and scholarship plan representatives, and one member by financial planners, from among their number.

1998, c. 37, s. 289.