149. The auditor of a company shall promptly report to the board of directors any breach of any provision of this chapter of which he is aware during the audit or of which he is made aware by a person referred to in section 150. If the board does not act to rectify the breach within a reasonable time, the auditor shall promptly report the breach to the Authority.
1987, c. 95, s. 149; 2002, c. 45, s. 611; 2004, c. 37, s. 90.