A-24 - Cooperative Associations Act

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30. When the by-laws require the contract provided for in section 28, a member cannot resign during the term of his contract, except with the consent of the board of directors.
If such contract provides for a notice that the member does not intend to renew it any longer, such notice is equivalent to a resignation effective at the expiration of the contract.
R. S. 1964, c. 292, s. 24.