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C-67.2 - Cooperatives Act

Section 107
Disposition versions

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107. If the board of directors is composed of at least six members, it may, if so authorized by the by-laws, establish an executive committee composed of directors.
The number of members of the executive committee may not exceed half the number of directors and may not be less than three.
1982, c. 26, s. 107; 2003, c. 18, s. 63.
107. If the board of directors is composed of more than eight members it may, if so authorized by the by-laws, establish an executive committee composed of not fewer than three directors.
In no case may the number of members of the executive committee exceed one-half of the number of directors.
1982, c. 26, s. 107.
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