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C-67.3 - Act respecting financial services cooperatives

Section 310
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310. The term of office of the members of a board is three years, except for the term of office of the president of the federation.
The by-laws of the federation must provide for a mode of rotation so that 1/3 of the members of a board, to the nearest whole number, are replaced each year.
The federation may, for the purposes of this section, shorten or lengthen the term of office of the members of a board.
On the expiry of a member’s term of office, the member shall remain in office until re-elected or replaced.
2000, c. 29, s. 310; 2018, c. 23, s. 192.
310. The term of office of the members of a board is three years, except for the term of office of the president of the federation.
The federation must determine by by-law a mode of rotation so that 1/3 of the members of a board, to the nearest whole number, are replaced each year.
The federation may, for the purposes of this section, shorten or lengthen the term of office of the members of a board.
On the expiry of a member’s term of office, the member shall remain in office until re-elected or replaced.
2000, c. 29, s. 310.
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