An Act to incorporate the Jules and Paul-Émile Léger Foundation
Marginal note:Power to make by-laws
16. (1) The board of directors may make by-laws
(a) providing for the election of directors and their term of office;
(b) providing for the appointment, the remuneration and expenses and the functions and duties of the officers and employees, and agents or mandataries, of the Foundation;
(c) providing for the establishment and the operations of an executive committee and special committees;
(d) providing for different classes of members, the qualifications of members, the fees and dues payable by members and the rights and obligations of members;
(e) regulating the exercise of the powers of subsidiary corporations incorporated pursuant to subsection 17(1), the nomination of their members and the election of their directors; and
(f) generally, for the conduct of the activities and affairs of the Foundation.
Marginal note:By-law to be sanctioned
(2) No by-law of the Foundation is valid or shall be acted on until it is sanctioned at a general meeting of the members by at least two-thirds of those present and entitled to vote thereat.
- 1980-81-82-83, c. 85, s. 16;
- 2004, c. 25, s. 144.
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