sch.6-sec.44Proceedings of the board (CNL ss175 & 176)

sch.6-sec.44 Proceedings of the board (CNL ss175 & 176)

Meetings of the board (including meetings conducted outside board meetings pursuant to section 176 of the Law) are to be held as often as may be necessary for properly conducting the business of the co-operative and must be held at least every 3 months. A meeting may be held with one or more of the directors participating by using a form of communication that allows reasonably contemporaneous and continuous communication between the directors taking part in the meeting. Questions arising at a meeting must be decided by a majority of votes. If votes are equal, the chairperson, if a member director, has a second or casting vote. Other than in special circumstances decided by the chairperson, at least 48 hours notice must be given to the directors of all meetings of the board, without which the meeting cannot be held. (sch.6-sec.44-ssec.1) Meetings of the board (including meetings conducted outside board meetings pursuant to section 176 of the Law) are to be held as often as may be necessary for properly conducting the business of the co-operative and must be held at least every 3 months. (sch.6-sec.44-ssec.2) A meeting may be held with one or more of the directors participating by using a form of communication that allows reasonably contemporaneous and continuous communication between the directors taking part in the meeting. (sch.6-sec.44-ssec.3) Questions arising at a meeting must be decided by a majority of votes. (sch.6-sec.44-ssec.4) If votes are equal, the chairperson, if a member director, has a second or casting vote. (sch.6-sec.44-ssec.5) Other than in special circumstances decided by the chairperson, at least 48 hours notice must be given to the directors of all meetings of the board, without which the meeting cannot be held.