Consolidated Statutes and Regulations
Consolidated Statutes
Consolidated Regulations
Annual Statutes and Regulations
Annual Statutes
Annual Regulations
Additional information
Québec Official Publisher
What’s new?
Information note
Policy of the Minister of Justice
Laws: Amendments
Laws: Provisions not in force
Laws: Provisions brought into force
Annual Statutes: PDF versions since 1996
Regulations: Amendments
Annual Regulations: PDF versions since 1996
Court Decisions
C-67.2 - Cooperatives Act
Section 239
Disposition versions
239. The majority of the directors of a federation must be chosen from among the directors of its members.
The representative of any financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C‐67.3) may also be a director if the financial services cooperative constitutes a group pursuant to section 83.
The federation may also provide by by-law that directors may be chosen from among the members or officers of its members.
No employee of the federation may be elected as a director.
239. The directors of a federation must be chosen from among the directors of its members and the representative of any financial services cooperative within the meaning of the Act respecting financial services cooperatives (chapter C-67.3) if the financial services cooperative constitutes a group pursuant to section 83.
The federation may, however, provide by by-law that a minority of the directors must be chosen from among the members or officers of its members.
239. The directors of a federation must be chosen from among the directors of its members and the representative of any credit union or federation or confederation governed by the Savings and Credit Unions Act (chapter C-4.1) if the union or the federation or the confederation constitute a group pursuant to section 83.
The federation may, however, provide by by-law that a minority of the directors must be chosen from among the members or officers of its members.
239. The directors of a federation must be chosen from among the directors of its members and the representative of any credit union or federation of credit unions governed by the Savings and Credit Unions Act (chapter C-4) if the union of the federation of unions constitute a group pursuant to section 83.
The federation may, however, provide by by-law that a minority of the directors must be chosen from among the members or officers of its members.
