S-18.1 - Act respecting the Makivik Corporation

Section 26 Disposition versions

1987-06-23

26. Subject to this Act, the by-laws of the Corporation may provide for:

(a)  the number of members of the board of directors;

(b)  the term of office of each member of the board of directors, not including Government representatives appointed in accordance with section 17, so as to provide for the election by turns of a given number of members each year following the first election of directors;

(c)  the period during which elections for the representatives of each Inuit community to the board of directors must be held;

(d)  the quorum at meetings of the board of directors;

(e)  the quorum at meetings of members and the method of reimbursement of the expenses incurred by the representatives of each Inuit community because of their participation in these meetings;

(f)  the percentage of votes required to validly elect a representative of each Inuit community to the board of directors;

(g)  the terms and conditions governing the use of the assets of the Corporation;

(h)  the time and manner of election of the members of the board contemplated in section 18; in this case, the by-laws shall prescribe the manner of filling a vacancy created by one of these members and the time of commencement of the term of office of these members.

Any amendment to the foregoing by-laws, except those concerning matters referred to in subparagraph h, comes into force only upon ratification by special resolution adopted by a majority of at least two-thirds of the votes from the major members of the Corporation having voted in person or by proxy at a meeting of the members duly summoned to examine that resolution.

1978, c. 91, s. 26; 1987, c. 55, s. 6.

1978-06-28

26. Subject to this act, the by-laws of the Corporation may provide for:

(a)  the number of members of the board of directors;

(b)  the term of office of each member of the board of directors, not including Government representatives appointed in accordance with section 17, so as to provide for the election by turns of a given number of members each year following the first election of directors;

(c)  the period during which elections for the representatives of each Inuit community to the board of directors must be held;

(d)  the quorum at meetings of the board of directors;

(e)  the quorum at meetings of members and the method of reimbursement of the expenses incurred by the representatives of each Inuit community because of their participation in these meetings;

(f)  the percentage of votes required to validly elect a representative of each Inuit community to the board of directors;

(g)  the terms and conditions governing the use of the assets of the Corporation.

Any amendment to the foregoing by-laws comes into force only upon ratification by special resolution adopted by a majority of at least two-thirds of the votes from the major members of the Corporation having voted in person or by proxy at a meeting of the members duly summoned to examine that resolution.

1978, c. 91, s. 26.