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C-4.1 - Savings and Credit Unions Act

Section 172
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172. Every natural person who is a member of the credit union, may be a member of the board of supervision, except
(1)  a member or a representative of a member who has been a member for less than 90 days, unless he is a founder;
(2)  an employee of the credit union, of the federation with which the credit union is affiliated, of the confederation with which the federation is affiliated or of a legal person belonging to the same group as the federation or confederation;
(3)  a director of the credit union;
(4)  an officer within the meaning of section 187 or an employee of another credit union;
(5)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of his civil rights;
(6)  an undischarged bankrupt;
(7)  a person convicted, in the past five years, of an offence or an indictable offence involving fraud or dishonesty, unless he has obtained a pardon.
1988, c. 64, s. 172; 1989, c. 54, s. 194; 1996, c. 69, s. 49.
172. Every natural person who is a member of the credit union or who represents a legal person, including a partnership, that is a member of the credit union, may be a member of the board of supervision, except
(1)  a member or a representative of a member who has been a member for less than 90 days, unless he is a founder;
(2)  an employee of the credit union, of the federation with which the credit union is affiliated, of the confederation with which the federation is affiliated or of a legal person belonging to the same group as the federation or confederation;
(3)  a director or a member of the credit committee of the credit union;
(4)  an officer within the meaning of section 187 or an employee of another credit union;
(5)  a person of full age under tutorship or curatorship or a person declared incapable by a court, even a foreign court;
(6)  an undischarged bankrupt.
1988, c. 64, s. 172; 1989, c. 54, s. 194.
172. Every natural person who is a member of the credit union or who represents a legal person, including a partnership, that is a member of the credit union, may be a member of the board of supervision, except
(1)  a member or a representative of a member who has been a member for less than 90 days, unless he is a founder;
(2)  an employee of the credit union, of the federation with which the credit union is affiliated, of the confederation with which the federation is affiliated or of a legal person belonging to the same group as the federation or confederation;
(3)  a director or a member of the credit committee of the credit union;
(4)  an officer within the meaning of section 187 or an employee of another credit union;
(5)  an interdicted person or a person of unsound mind declared incapable by a court, even a foreign court;
(6)  an undischarged bankrupt.
1988, c. 64, s. 172.
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