C-4.1 - Savings and Credit Unions Act

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358. The board of directors of a federation may form ad hoc committees to examine particular matters.
An ad hoc committee shall be composed of not fewer than three members. It may comprise officers and employees of the federation and of the credit unions affiliated with it.
The members of ad hoc committees are bound by the same rules of ethics as those applicable to officers.
1988, c. 64, s. 358; 1989, c. 54, s. 196; 1996, c. 69, s. 105.
358. The members of the credit committee shall be elected by the annual meeting from among the members of any credit union affiliated with the federation, except
(1)  a member of a credit union affiliated for less than 90 days, except in the case of a founding credit union;
(2)  an employee of an affiliated credit union, unless he is the general manager, or an employee of the federation;
(3)  a director or a member of the board of supervision of a federation;
(4)  an officer of another federation within the meaning of section 187 or an employee of another federation;
(5)  a person of full age under tutorship or curatorship or a person declared incapable by a court, even a foreign court;
(6)  an undischarged bankrupt.
1988, c. 64, s. 358; 1989, c. 54, s. 196.
358. The members of the credit committee shall be elected by the annual meeting from among the members of any credit union affiliated with the federation, except
(1)  a member of a credit union affiliated for less than 90 days, except in the case of a founding credit union;
(2)  an employee of an affiliated credit union, unless he is the general manager, or an employee of the federation;
(3)  a director or a member of the board of supervision of a federation;
(4)  an officer of another federation within the meaning of section 187 or an employee of another federation;
(5)  an interdicted person or a person of unsound mind declared incapable by a court, even a foreign court;
(6)  an undischarged bankrupt.
1988, c. 64, s. 358.