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S-13 - Act respecting the Société des alcools du Québec

Section 13
Disposition versions

Full text
13. (Repealed).
1971, c. 20, s. 13; 1983, c. 30, s. 3; 1999, c. 40, s. 283; 2006, c. 59, s. 115.
13. No member of the board of directors exercising his functions full time shall, under pain of forfeiture of office, have any direct or indirect interest in an undertaking putting his personal interest in conflict with that of the Société. However, such forfeiture is not incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with all possible dispatch.
Any other member of the board of directors having an interest in an undertaking shall, under pain of forfeiture of office, disclose it in writing to the chairman and abstain from participating in any decision involving the undertaking in which he has such interest.
1971, c. 20, s. 13; 1983, c. 30, s. 3; 1999, c. 40, s. 283.
13. No member of the board of directors exercising his functions full time shall, under pain of forfeiture of office, have any direct or indirect interest in an undertaking putting his personal interest in conflict with that of the Corporation. However, such forfeiture is not incurred if such an interest devolves to him by succession or gift, provided he renounces or disposes of it with all possible dispatch.
Any other member of the board of directors having an interest in an undertaking shall, under pain of forfeiture of office, disclose it in writing to the chairman and abstain from participating in any decision involving the undertaking in which he has such interest.
1971, c. 20, s. 13; 1983, c. 30, s. 3.
13. No member of the board of directors of the Corporation shall, under pain of forfeiture of his office, have any direct or indirect interest in an undertaking putting his personal interest in conflict with that of the Corporation.
Such forfeiture shall not occur, however, if such interest devolves to him by succession or gift and he renounces or disposes of it with all possible dispatch.
1971, c. 20, s. 13.
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