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C-67.2 - Cooperatives Act

Section 83
Disposition versions

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83. For the formation of its board of directors, a cooperative may by by-law divide its members into groups, or its territory into districts, or so divide both, and grant to each of the groups or districts, or of both, the right to elect a certain number of directors.
The by-laws must also prescribe the manner of establishing such groups and districts and the modalities of nomination and election of directors.
A financial services cooperative governed by the Act respecting financial services cooperatives (chapter C‐67.3) or a federation or a confederation governed by this Act may constitute a group even though it is not a member of the cooperative.
1982, c. 26, s. 83; 1988, c. 64, s. 587; 2000, c. 29, s. 629; 2003, c. 18, s. 54.
83. For the formation of its board of directors, a cooperative may by by-law divide its members into groups, or its territory into districts, or so divide both, and grant to each of the groups or districts, or of both, the right to elect a certain number of directors.
The by-laws must also prescribe the manner of establishing such groups and districts and the modalities of nomination and election of directors.
A financial services cooperative or a confederation governed by the Act respecting financial services cooperatives (chapter C-67.3) or the federation to which the cooperative is affiliated may be a group even though it is not a member of the cooperative.
1982, c. 26, s. 83; 1988, c. 64, s. 587; 2000, c. 29, s. 629.
83. For the formation of its board of directors, a cooperative may by by-law divide its members into groups, or its territory into districts, or so divide both, and grant to each of the groups or districts, or of both, the right to elect a certain number of directors.
The by-laws must also prescribe the manner of establishing such groups and districts and the modalities of nomination and election of directors.
A credit union, a federation or a confederation governed by the Savings and Credit Unions Act (chapter C-4.1) or the federation to which the cooperative is affiliated may be a group even though it is not a member of the cooperative.
1982, c. 26, s. 83; 1988, c. 64, s. 587.
83. For the formation of its board of directors, a cooperative may by by-law divide its members into groups, or its territory into districts, or so divide both, and grant to each of the groups or districts, or of both, the right to elect a certain number of directors.
The by-laws must also prescribe the manner of establishing such groups and districts and the modalities of nomination and election of directors.
A credit union or a federation of credit unions governed by the Savings and Credit Unions Act (chapter C-4) or the federation to which the cooperative is affiliated may be a group even though it is not a member of the cooperative.
1982, c. 26, s. 83.
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