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C-67.2 - Cooperatives Act

Section 211.3
Disposition versions

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211.3. For the formation of the board of directors of the cooperative, associate members form a group within the meaning of section 83 which is entitled to elect a proportion of the number of directors equal to the proportion obtained by dividing the number of associate members by the total number of members and associate members of the cooperative.
If that proportion results in a number of directors that includes a decimal fraction greater than 0.5, the group is entitled to elect an additional director.
However, the number of directors that the group is entitled to elect may not be greater than 25% of the number of directors of the cooperative.
1995, c. 67, s. 127.
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