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A person immediately ceases to be a director if,

(a) the person becomes an undischarged bankrupt or incapable of managing property

within the meaning of the

Substitute Decisions Act, 1992

; or

(b) a certificate of lien has been registered under subsection 85 (2) against a unit owned by

the person and the person does not obtain a discharge of the lien under subsection 85

(7) within 90 days of the registration of the lien. 1998, c. 19, s. 29 (2); 2009, c. 33,

Sched. 2, s. 17 (2).

Consent

30. (1)

A person shall not be elected or appointed as a director unless the person consents.

1998, c. 19, s. 30 (1).

Deemed consent

(2)

A person shall be deemed to consent if the person is present at the meeting when

elected or appointed and does not refuse to act as a director. 1998, c. 19, s. 30 (2).

Written consent

(3)

A person who is not present at the meeting may be elected or appointed if the person

consents in writing to act as director before the meeting or within 10 days after the meeting.

1998, c. 19, s. 30 (3).

Non-compliance

(4)

The election or appointment of a person as director contrary to this section is

ineffective. 1998, c. 19, s. 30 (4).

Term

31. (1)

Except in the case of directors appointed to the first board of directors under

subsection 42 (1), a director is elected for a term of three years or such lesser period as the by-

laws may provide. 1998, c. 19, s. 31 (1).

Same

(2)

Despite subsection (1), a director may continue to act until a successor is elected. 1998,

c. 19, s. 31 (2).

Conduct of business

32. (1)

Subject to subsection 42 (5), the board of a corporation shall not transact any

business of the corporation except at a meeting of directors at which a quorum of the board is

present. 1998, c. 19, s. 32 (1).

Quorum

(2)

A quorum for the transaction of business is a majority of the members of the board.

1998, c. 19, s. 32 (2).

Removal

33. (1)

Subject to subsection 51 (8), a director, other than a director on the first board,

may be removed before the expiration of the director’s term of office by a vote of the owners at a

meeting duly called for the purpose where the owners of more than 50 per cent of all of the units

in the corporation vote in favour of removal. 1998, c. 19, s. 33 (1).

Replacement

(2)

In accordance with the by-laws dealing with the election of directors, the owners may,