Consolidated Statutes and Regulations Consolidated Statutes Consolidated Regulations Annual Statutes and Regulations Annual Statutes Annual Regulations Additional information Québec Official Publisher What’s new? Information note Policy of the Minister of Justice Laws: Amendments Laws: Provisions not in force Laws: Provisions brought into force Annual Statutes: PDF versions since 1996 Regulations: Amendments Annual Regulations: PDF versions since 1996 Court Decisions

C-4.1 - Savings and Credit Unions Act

Section 136
Disposition versions

Full text
136. For the formation of its board of directors, a credit union may, by by-law, divide its members into groups, or its territory into districts, and grant to each of the groups or districts the right to elect a certain number of directors.
No member of the board of directors thus elected shall be dismissed except by the members of the credit union who have the right to elect him.
The by-law of the credit union may also prescribe the number of directors who will represent a group or a territory on the board of directors. Such directors may be elected by all the members of the credit union.
1988, c. 64, s. 136.
© Gouvernement du Québec