10. If the directors are not elected or appointed at the set time, the sector-based association is in default.
The association may remedy the situation by holding an election at a subsequent meeting of the members of the sector-based association called for this purpose or, by making the appointment. The Commission may, also, remedy the situation by naming the directors that have not been elected or appointed by the members.
The retiring directors continue in office until their successors are elected, appointed or named. The term of the successors expires when it would have expired had the successors been elected, appointed or named in accordance with the rules.