C-67.2 - Cooperatives Act

Section 97 Disposition versions

1983-12-21

97. A director present at a meeting of the board is deemed to have acquiesced in every resolution passed or to have participated in every measure taken while he is present at the meeting, except

(1)  if at the meeting he requests that his dissent be recorded in the minutes;

(2)  if, before the adjournment or closing of the meeting, he informs the secretary of the meeting in writing of his dissent.

1982, c. 26, s. 97.