•ONCA
–Elected at
meetings of members
–Board may appoint one or more additional directors up to 1/3 of the number of elected directors to hold office until the next AGM
–Ex-officio
directors continue to be permissible
–Directors are no longer required to be corporate members
–Maximum 4 year term (but no limit on number of maximum terms)
–May have
staggered terms
–Directors must
sign a consent
–May be removed at anytime by majority vote of members
•