C-67.2 - Cooperatives Act

Full text
61. If a cooperative has fewer than 25 members, they may agree not to elect directors for one year.
The agreement must be made annually in writing and be approved by at least 90% of the members.
1982, c. 26, s. 61; 1995, c. 67, s. 41; 2003, c. 18, s. 37.
61. If a cooperative has fewer than 25 members, they may agree not to elect directors for one year.
The agreement must be made annually in writing and be approved by at least 90 % of the members.
Copy of the agreement must be forwarded to the Minister.
1982, c. 26, s. 61; 1995, c. 67, s. 41.
61. If a cooperative has fewer than twenty-five members, they may agree not to elect directors for one year.
The agreement must be in writing and be approved by at least ninety per cent of the members.
Copy of the agreement must be forwarded to the Minister.
1982, c. 26, s. 61.