37. The board of directors may establish an executive committee responsible for managing the Institute’s current business, which sees to the implementation of the board’s decisions and carries out the mandates given to it by the board.
The executive committee also exercises the functions and powers the board may delegate to it. However, no powers set out in section 10, paragraph 4 of section 11, section 13, the second and third paragraphs of section 23, and sections 24 and 46 may be delegated to the executive committee.
2021, c. 32021, c. 3, s. 37.