C-67.3 - Act respecting financial services cooperatives

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227. A natural person who is a member of the credit union may be a member of its board of directors and of its board of supervision, unless that person is disqualified for office as a member of such boards.
In addition to persons disqualified for office as directors under the Civil Code, and persons convicted of an offence or an indictable offence involving fraud or dishonesty who have not obtained a pardon, the following persons are disqualified for office as members of a board:
(1)  a member who has been a member for less than 90 days, unless he or she is a founder;
(2)  an auxiliary member;
(3)  the chief manager of the credit union or another of its employees, or an employee of the federation, where applicable, or of another legal person or partnership belonging to the financial group;
(4)  a member of another board of the credit union;
(5)  an officer or employee of another credit union; and
(6)  a person dismissed in the past five years under section 118, 118.2 or 335.
2000, c. 29, s. 227; 2008, c. 7, s. 59; 2010, c. 40, s. 5; 2018, c. 23, s. 138.
227. Every natural person who is a member of the credit union may be a member of the board of directors or the board of audit and ethics, except
(1)  a member who has been a member for less than 90 days, unless the member is a founder;
(2)  an auxiliary member;
(2.1)  the director general of the credit union;
(3)  an employee of the credit union, the federation or another legal person or partnership belonging to the group;
(4)  a member of another board of the credit union;
(5)  an officer or employee of another credit union;
(6)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of civil rights;
(7)  an undischarged bankrupt;
(8)  a person convicted, in the past five years, of an offence or an indictable offence involving fraud or dishonesty, unless the person has obtained a pardon;
(9)  a person dismissed as an officer, in the past five years, under section 118.
2000, c. 29, s. 227; 2008, c. 7, s. 59; 2010, c. 40, s. 5.
227. Every natural person who is a member of the credit union may be a member of the board of directors or the board of audit and ethics, except
(1)  a member who has been a member for less than 90 days, unless the member is a founder;
(2)  an auxiliary member;
(3)  an employee of the credit union, the federation or another legal person or partnership belonging to the group, save that the director general of the credit union can be a member of the board of directors;
(4)  a member of another board of the credit union;
(5)  an officer or employee of another credit union;
(6)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of civil rights;
(7)  an undischarged bankrupt;
(8)  a person convicted, in the past five years, of an offence or an indictable offence involving fraud or dishonesty, unless the person has obtained a pardon;
(9)  a person dismissed as an officer, in the past five years, under section 118.
2000, c. 29, s. 227; 2008, c. 7, s. 59.
227. Every natural person who is a member of the credit union may be a member of the board of directors or the board of audit and ethics, except
(1)  a member who has been a member for less than 90 days, unless the member is a founder;
(2)  an auxiliary member;
(3)  an employee of the credit union, the federation or another legal person or partnership belonging to the group, save that the director general of the credit union can be a member of the board of directors;
(4)  a member of another board of the credit union;
(5)  an officer or employee of another credit union;
(6)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of civil rights;
(7)  an undischarged bankrupt;
(8)  a person convicted, in the past five years, of an offence or an indictable offence involving fraud or dishonesty, unless the person has obtained a pardon;
(9)  a person dismissed as an officer, in the past five years, under section 118 or paragraph 2 of section 581.
2000, c. 29, s. 227.