26. Directors who are elected to a full-time public office and who accept the office must immediately resign their directorship.
Directors who are elected to a part-time public office must, if that office may make it impossible for them to demonstrate reserve as required, resign their directorship.
Directors who are elected as school commissioners, designated as members of the board of directors of a school service centre or elected to a municipal council are exempt from the requirements of this section.
O.C. 498-2007, s. 26; 816-2021O.C. 816-2021, s. 1011.