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G-1.02 - Act respecting the governance of state-owned enterprises

Section 8
Disposition versions

Full text
8. No act or document of an enterprise or decision of the board of directors of an enterprise is invalid because less than two thirds of the board members are independent directors or because the requirements prescribed in sections 3.5, 3.6 and 3.7 are not met.
2006, c. 59, s. 8; 2022, c. 19, s. 4.
8. No act or document of an enterprise or decision of the board of directors of an enterprise is invalid because less than two thirds of the board members are independent directors or because the requirements prescribed in sections 3.5, 3.6 and 3.7 are not met.
2006, c. 59, s. 8; 2022, c. 19, s. 4.
The words “or 3.7” will come into force on the date of coming into force of the first policy established under subparagraph 1 of the first paragraph of section 43 of the Act respecting the governance of state-owned enterprises (2022, c. 19, s. 463 (1)).
8. No act or document of an enterprise or decision of the board of directors of an enterprise is invalid because less than two thirds of the board members are independent directors.
2006, c. 59, s. 8.
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