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S-25.01 - Act respecting mixed enterprise companies in the municipal sector
Section 50
Disposition versions
50. For the purposes of Division XIII.1 of the Cities and Towns Act (chapter C-19) and of Title XVIII.2 of the Municipal Code of Québec (chapter C-27.1), a mixed enterprise company is deemed to be a mandatary body of the municipal entity that is the municipal founder of the mixed enterprise company or that is a member of the group that is the municipal founder in respect of any director of the mixed enterprise company who is a council member or an officer or employee of the municipal entity or of any local municipality whose territory is included in the territory of the municipal entity.
The first paragraph applies notwithstanding sections 159 to 161 of the Business Corporations Act (chapter S-31.1).
50. For the purposes of Division XIII.1 of the Cities and Towns Act (chapter C-19) and of Title XVIII.2 of the Municipal Code of Québec (chapter C-27.1), a mixed enterprise company is deemed to be a mandatary body of the municipal entity that is the municipal founder of the mixed enterprise company or that is a member of the group that is the municipal founder in respect of any director of the mixed enterprise company who is a council member or an officer or employee of the municipal entity or of any local municipality whose territory is included in the territory of the municipal entity.
The first paragraph applies notwithstanding sections 123.87 to 123.89 of the Companies Act (chapter C-38).
