23/07/2024
Duties and obligations of the board of directors
The law does not establish an exhaustive list of the duties and obligations that the members of the board of directors must assume. It is the declaration of co-ownership (constituting act of the co-ownership) and certain articles of the Civil Code of Québec which, for the most part, determine them.…...
Syndicate
23/07/2024
Statutory liability of the directors
The duties and obligations of directors are at the heart of the good governance of a co-ownership. As part of their duties, directors are required to ensure that the syndicate of co-owners complies with the laws. This is why, in addition to the duties of diligence and loyalty of directors…...
Syndicate
23/07/2024
Civil liability of the directors
The juridical personality of the syndicate is distinct from the oneof the co-owners and directors. His acts are binding only on himself, besides for the exceptions provided by law. The faults committed by the syndicate have consequences only on its own civil liability and not onthe directors. Under these conditions,…...
Syndicate
23/07/2024
Ethics and code of conduct
The director of a co-ownership is called to play a key role in the sound management ofthe co-ownership and preservation of co-owners' assets. To strengthen andmaintain the relationship of trust with them, every director must be fair, honest and loyaltoward the Syndicate and the co-owners. The director must also respect…...
Syndicate
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