398.2. A person ceases to be a member of a board of directors when the person no longer qualifies for appointment or election to the board of directors.
However, a person elected to the board of directors of a public institution under paragraph 1 of one of sections 129 to 132.1 is considered to remain qualified when the institution is amalgamated if the person is a member of the board of directors of the institution resulting from the amalgamation.