powerpoint4x3b.jpg
www.carters.ca
www.charitylaw.ca
2.Ontario Legislation
•OCA
–Members may remove any director before the expiration of his or her term of office by a resolution passed by at least two-thirds of the votes cast at a general meeting of which notice specifying the intention to pass such resolution has been given
•ONCA
–Members of a corporation may, by ordinary resolution at a special meeting, remove from office any director or directors, except persons who are directors by virtue of their office
–
–
41
OCA and ONCA