C-67.2 - Cooperatives Act

Section 90 Disposition versions

2005-11-17

90. The board of directors shall, in particular,

(1)  appoint a general manager or a manager, unless otherwise provided for in the by-laws;

(2)  insure the cooperative against the risks it determines, subject to the requirements and restrictions set out in the by-laws;

(3)  designate the persons authorized to sign contracts or other documents on behalf of the cooperative;

(4)  at the annual meeting, give an account of its management and submit the annual report;

(4.1)  make a recommendation to the annual meeting concerning the allocation of any operating surplus or surplus earnings that takes into account the repayment of shares anticipated in the annual report;

(4.2)  make a recommendation to the general meeting in connection with the election of the persons referred to in section 81.1;

(5)  facilitate the work of the auditor;

(6)  promote the training of the members, directors, executive officers and employees of the cooperative in the field of cooperation and encourage information of the public on the nature and advantages of cooperation;

(7)  promote cooperation among the members, between the members and the cooperative and between the cooperative and other cooperative organizations;

(7.1)  encourage support of development efforts in the community where the cooperative operates;

(8)  furnish the Minister, at his request, with a copy of the by-laws and with any information or documents he may require regarding the carrying out of this Act.

1982, c. 26, s. 90; 1995, c. 67, s. 62; 2003, c. 18, s. 58.

1997-02-14

90. The board of directors shall, in particular,

(1)  appoint a general manager or a manager, unless otherwise provided for in the by-laws;

(2)  insure the cooperative against the risks it determines, subject to the requirements and restrictions set out in the by-laws;

(3)  designate the persons authorized to sign contracts or other documents on behalf of the cooperative;

(4)  at the annual meeting, give an account of its management and submit the annual report;

(4.1)  make a recommendation to the annual meeting concerning the allocation of any operating surplus or surplus earnings;

(4.2)  make a recommendation to the general meeting in connection with the election of the persons referred to in section 81.1;

(5)  facilitate the work of the auditor;

(6)  encourage the cooperative education of the members, executive officers and employees of the cooperative;

(7)  promote cooperation between the members and the cooperative and among cooperatives;

(8)  furnish the Minister, at his request, with a copy of the by-laws and with any information or documents he may require regarding the carrying out of this title.

1982, c. 26, s. 90; 1995, c. 67, s. 62.

1983-12-21

90. The board of directors shall, in particular,

(1)  appoint a general manager or a manager and convene him to its meetings;

(2)  insure the cooperative against the risks of fire, theft and public and employer’s liability and embezzlement by its executive officers, agents or employees;

(3)  designate the persons authorized to sign contracts or other documents on behalf of the cooperative;

(4)  at the annual meeting, give an account of its management and submit the annual report;

(5)  facilitate the work of the auditor;

(6)  encourage the cooperative education of the members, executive officers and employees of the cooperative;

(7)  promote cooperation between the members and the cooperative and among cooperatives;

(8)  furnish the Minister, at his request, with a copy of the by-laws and with any information or documents he may require regarding the carrying out of this title.

1982, c. 26, s. 90.