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S-29.02 - Trust Companies and Savings Companies Act
Section 82
Disposition versions
82. The audit committee and the ethics committee of an authorized Québec trust company are each composed of at least three directors, a majority of whom are not
(1) officers or employees of the company;
(2) members of both the ethics committee and the audit committee;
(3) directors, officers or other mandataries or employees of a group of which the company is the holder of control; or
(4) holders of a significant interest in the company or in a business corporation affiliated with the company.
In force: 2019-06-13
82. The audit committee and the ethics committee of an authorized Québec trust company are each composed of at least three directors, a majority of whom are not
(1) officers or employees of the company;
(2) members of both the ethics committee and the audit committee;
(3) directors, officers or other mandataries or employees of a group of which the company is the holder of control; or
(4) holders of a significant interest in the company or in a business corporation affiliated with the company.
