114. An officer who is suspended loses the right to be convened to, attend and vote at meetings of the board of which the officer is a member.
An officer or manager who is suspended also loses, for as long as the suspension is in effect, the right to act in the capacity of officer or manager of the financial services cooperative or of any legal person belonging to the same financial group.
The suspension of an officer or manager does not affect the date of termination of the officer’s or manager’s term of office.
2000, c. 29, s. 114; 2018, c. 232018, c. 23, s. 9711a.