8. Each member of the board of directors remains in office at the expiry of his term until he is replaced or reappointed.
A vacancy occurring before the end of a term is filled in the manner and for the time specified in section 4.
If the chairman of the board of directors is absent or unable to act, he is replaced by the vice-chairman; if any other member of the board is unable to act, he is replaced by a person designated by the Government, which shall fix his indemnities and allowances.
1984, c. 54, s. 8; 1999, c. 40, s. 284.