C-4 - Savings and Credit Unions Act

Full text
62. The term of office of the commissioners shall be three years.
However, of those who are elected at the organization meeting, one-third, to the nearest whole, shall remain in office for one year only, and another like third for two years only.
If those to hold office for one or two years only were not chosen when elected, they shall be chosen by lot at the meeting at which they are to be replaced.
R. S. 1964, c. 293, s. 61.