20. In addition to the board of management and outside the members thereof, the general meeting shall appoint from among its members a board of supervision of three members. They shall remain in office during the year immediately following the annual meeting and until the election of their successors. They may be reelected. The by-laws may provide that one-third of the board shall be reelected each year.
R. S. 1964, c. 294, s. 20.