175Meeting of board of directors

175 Meeting of board of directors

175 Meeting of board of directors

(1) Meetings of the board of directors must be held at least once every 3 months and may be held as often as may be necessary.

(2) A meeting of the board of directors may be called by a director giving notice individually to every other director.

(3) A meeting of the board of directors may be called or held using any technology consented to by the board, and the consent may be a standing one.

(4) A quorum of a meeting of the board of directors is 50% of the number of directors, or a greater number of directors specified in the rules of the co-operative.

(5) However, for a quorum, the member directors must outnumber the non-member directors by at least one or, if a greater number is stated in the rules of the co-operative, by that greater number.

(6) The chairperson of the board may be elected either by the board or at a general meeting of the co-operative, and is to be elected, hold office, and retire, and may be removed from office, as provided by the rules of the co-operative.