S-18.2.1 - Act respecting the Société québécoise d’assainissement des eaux

Section 13 Disposition versions

2002-06-14

13. (Repealed).

1980, c. 10, s. 13; 1999, c. 40, s. 298; 2002, c. 37, s. 256.

1999-10-22

13. Neither the chairman of the board of directors nor the president of the Société may, under pain of forfeiture of office, have any direct or indirect interest in any undertaking causing his personal interest to 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.

Every 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 of the board of directors and abstain from participating in any deliberation or decision involving the undertaking in which he has an interest.

1980, c. 10, s. 13; 1999, c. 40, s. 298.

1980-06-18

13. Neither the chairman of the board of directors nor the president of the corporation may, under pain of forfeiture of office, have any direct or indirect interest in any undertaking causing his personal interest to 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.

Every 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 of the board of directors and abstain from participating in any deliberation or decision involving the undertaking in which he has an interest.

1980, c. 10, s. 13.