Canada Not-for-profit Corporations Act
Version of section 126 from 2009-06-23 to 2011-10-16:
The following provision is not in force.
Marginal note:Qualifications of directors
126 (1) The following persons are disqualified from being a director of a corporation:
(a) anyone who is less than 18 years of age;
(b) anyone who has been declared incapable by a court in Canada or in another country;
(c) a person who is not an individual; and
(d) a person who has the status of a bankrupt.
(2) Unless the by-laws otherwise provide, a director of a corporation is not required to be a member of the corporation.
Marginal note:No alternate directors
(3) No person shall act for an absent director at a meeting of directors.
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