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C-67.3 - Act respecting financial services cooperatives

Section 245
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245. The by‑laws of the credit union may divide its members into groups and grant each group the right to elect a specified number of directors.
No member of the board of directors thus elected shall be dismissed except by the members of the credit union who have the right to elect that member.
The by-laws of the credit union may also prescribe the number of directors elected by the members of such a group.
2000, c. 29, s. 245; 2018, c. 23, s. 150.
245. The credit union may, by by-law, divide its members into groups and grant each group the right to elect a specified number of directors.
No member of the board of directors thus elected shall be dismissed except by the members of the credit union who have the right to elect that member.
The by-laws of the credit union may also prescribe the number of directors elected by the members of such a group.
2000, c. 29, s. 245.
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