C-67.2 - Cooperatives Act

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84. The term of office of a director is one year unless otherwise prescribed by by-law, in which case it must not exceed three years.
The term of office of the directors may be two years or three years; in such a case, they are replaced each year according to the mode of rotation determined by by-law.
At the expiry of his term, a director remains in office until re-elected or replaced.
1982, c. 26, s. 84; 1995, c. 67, s. 57.
84. The term of office of a director is one year unless otherwise prescribed by by-law, in which case it must not exceed three years.
The term of office of the directors may be two years or three years; in such a case, they are replaced each year according to the mode of rotation determined by by-law.
1982, c. 26, s. 84.