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S-29.01 - Act respecting trust companies and savings companies
Section 117
Disposition versions
117. Every Québec company shall appoint an ethics committee from among the members of the board of directors. The committee shall be composed of not fewer than three directors, a majority of whom shall be persons who are neither officers nor employees of the company or of a legal person affiliated with the company nor persons holding 10% or more of the shares of any class issued by the company or by a legal person affiliated with the company.
