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
(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).
A person shall not be elected or appointed as a director unless the person consents.
1998, c. 19, s. 30 (1).
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).
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).
The election or appointment of a person as director contrary to this section is
ineffective. 1998, c. 19, s. 30 (4).
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).
Despite subsection (1), a director may continue to act until a successor is elected. 1998,
c. 19, s. 31 (2).
Conduct of business32. (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).
A quorum for the transaction of business is a majority of the members of the board.
1998, c. 19, s. 32 (2).
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).
In accordance with the by-laws dealing with the election of directors, the owners may,