58. After consulting the Organization, the Minister appoints three directors who are neither brokers nor directors or executive officers of an agency.
The licence holders elect from their number the other members of the board of directors, in the manner set out in the Organization’s internal by-laws, which must include rules aimed at insuring equitable geographical representation and equitable representation of the different categories of broker’s licences.
A person may not be appointed or elected a director or remain a director if the person is or becomes a director or executive officer of an association or enterprise whose purpose is to defend the interests of real estate brokers, agencies or franchisers.
A director may not hold any other remunerated position with the Organization.
2008, c. 9, s. 58; 2010, c. 40, s. 20; 2013, c. 18, s. 34.