C-67.3 - Act respecting financial services cooperatives

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361. 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 may not be members of the board of ethics and professional conduct:
(1)  an employee of the federation or of one of its member credit unions;
(2)  a member of the board of directors of the federation;
(3)  an officer, manager or other employee of another federation;
(4)  a person dismissed in the past five years under section 118, 118.2 or 335; and
(5)  a person otherwise disqualified under the by‑laws of the federation.
The directors, officers or employees of a legal person belonging to the financial group, other than a credit union or a federation, and the shareholders holding 10% or more of the voting rights attached to the shares of the legal persons belonging to the financial group may not be members of the board of ethics and professional conduct.
2000, c. 29, s. 361; 2005, c. 35, s. 36; 2008, c. 7, s. 61; 2018, c. 23, s. 219.
361. The following persons are disqualified from holding office as a member of the board of ethics and professional conduct:
(1)  an employee of a credit union or an employee of the federation;
(2)  a director of the federation;
(3)  an officer or employee of another federation;
(4)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of civil rights;
(5)  an undischarged bankrupt;
(6)  a person convicted, in the last five years, of an offence or an indictable offence involving fraud or dishonesty, unless the person has obtained a pardon;
(7)  a person removed from office, in the past five years, under section 118.
The directors, officers or employees of a legal person belonging to the group, other than a credit union or a federation, and the shareholders holding 10% or more of the voting rights attached to the shares of the legal persons belonging to the group may not be members of the board of ethics and professional conduct.
2000, c. 29, s. 361; 2005, c. 35, s. 36; 2008, c. 7, s. 61.
361. The following persons are disqualified from holding office as a member of the board of ethics and professional conduct:
(1)  an employee of a credit union or an employee of the federation;
(2)  a director of the federation;
(3)  an officer or employee of another federation;
(4)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of civil rights;
(5)  an undischarged bankrupt;
(6)  a person convicted, in the last five years, of an offence or an indictable offence involving fraud or dishonesty, unless the person has obtained a pardon;
(7)  a person removed from office, in the past five years, under section 118 or paragraph 2 of section 581.
The directors, officers or employees of a legal person belonging to the group, other than a credit union or a federation, and the shareholders holding 10 % or more of the voting rights attached to the shares of the legal persons belonging to the group may not be members of the board of ethics and professional conduct.
2000, c. 29, s. 361; 2005, c. 35, s. 36.
361. The following persons are disqualified from holding office as a member of the board of ethics:
(1)  an employee of a credit union or an employee of the federation;
(2)  a director of the federation;
(3)  an officer or employee of another federation;
(4)  a person of full age under protective supervision or a person totally or partially deprived of the exercise of civil rights;
(5)  an undischarged bankrupt;
(6)  a person convicted, in the last five years, of an offence or an indictable offence involving fraud or dishonesty, unless the person has obtained a pardon;
(7)  a person removed from office, in the past five years, under section 118 or paragraph 2 of section 581.
The directors, officers or employees of a legal person belonging to the group, other than a credit union or a federation, and the shareholders holding 10 % or more of the voting rights attached to the shares of the legal persons belonging to the group may not be members of the board of ethics.
2000, c. 29, s. 361.