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I-14 - The Education Act for Cree, Inuit and Naskapi Native Persons

Section 306
Disposition versions

Full text
306. Every secretary-treasurer shall give security to the commissioners by way of a pledge or an insurance policy.
The amount of any such security is fixed by the school board; but must in no case be less than $2,000 for the school boards whose territories are wholly comprised in that of one or more local municipalities governed by the Municipal Code of Québec (chapter C-27.1), and $5,000 for other school boards and regional school boards.
Such security must be given by the secretary-treasurer within 30 days after his appointment.
Nevertheless, the lack of security shall in nowise prevent the secretary-treasurer from performing the duties of his office; but the members of the school board who permit the secretary-treasurer to act as such without security shall be solidarily liable with him towards the school board for the due performance of his duties and for the payment of all moneys for which he may be accountable in the exercise of his office, whether of principal, interest, costs, fines or damages.
The liability referred to in this section is that to which the sureties of the secretary-treasurer oblige themselves, solidarily with him.
R. S. 1964, c. 235, s. 326; 1989, c. 36, s. 279; 1990, c. 35, s. 16; 1996, c. 2, s. 706; 1999, c. 40, s. 159.
306. Every secretary-treasurer shall give security to the commissioners by a pledge of money or debentures or by guarantee policy.
The amount of any such security is fixed by the school board; but must in no case be less than $2 000 for the school boards whose territories are wholly comprised in that of one or more local municipalities governed by the Municipal Code of Québec (chapter C-27.1), and $5 000 for other school boards and regional school boards.
Such security must be given by the secretary-treasurer within 30 days after his appointment.
Nevertheless, the lack of security shall in nowise prevent the secretary-treasurer from performing the duties of his office; but the members of the school board who permit the secretary-treasurer to act as such without security shall be jointly and severally liable with him towards the school board for the due performance of his duties and for the payment of all moneys for which he may be accountable in the exercise of his office, whether of principal, interest, costs, fines or damages.
The liability referred to in this section is that to which the sureties of the secretary-treasurer oblige themselves, jointly and severally with him.
R. S. 1964, c. 235, s. 326; 1989, c. 36, s. 279; 1990, c. 35, s. 16; 1996, c. 2, s. 706.
306. Every secretary-treasurer shall give security to the commissioners by a pledge of money or debentures or by guarantee policy.
The amount of any such security is fixed by the school board; but must in no case be less than $2 000 for the school boards of rural or village municipalities, and $5 000 for school boards of city or town municipalities and regional school boards.
Such security must be given by the secretary-treasurer within thirty days after his appointment.
Nevertheless, the lack of security shall in nowise prevent the secretary-treasurer from performing the duties of his office; but the members of the school board who permit the secretary-treasurer to act as such without security shall be jointly and severally liable with him towards the school board for the due performance of his duties and for the payment of all moneys for which he may be accountable in the exercise of his office, whether of principal, interest, costs, fines or damages.
The liability referred to in this section is that to which the sureties of the secretary-treasurer oblige themselves, jointly and severally with him.
R. S. 1964, c. 235, s. 326; 1989, c. 36, s. 279; 1990, c. 35, s. 16.
306. Every secretary-treasurer shall give security to the school commissioners or trustees by a pledge of money or debentures or by guarantee policy.
The amount of any such security is fixed by the school board; but must in no case be less than $2 000 for the school boards of rural or village municipalities, and $5 000 for school boards of city or town municipalities and regional school boards.
Such security must be given by the secretary-treasurer within thirty days after his appointment.
Nevertheless, the lack of security shall in nowise prevent the secretary-treasurer from performing the duties of his office; but the members of the school board who permit the secretary-treasurer to act as such without security shall be jointly and severally liable with him towards the corporation for the due performance of his duties and for the payment of all moneys for which he may be accountable in the exercise of his office, whether of principal, interest, costs, fines or damages.
The liability referred to in this section is that to which the sureties of the secretary-treasurer oblige themselves, jointly and severally with him.
R. S. 1964, c. 235, s. 326.
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