Canada Cooperatives Act

Version of section 280 from 2011-11-29 to 2021-03-23:


Marginal note:Directors’ powers cease

 If a receiver, receiver-manager or sequestrator is appointed by a court or under an instrument or act, no director shall exercise the directors’ powers that the receiver, receiver-manager or sequestrator is authorized to exercise until the receiver, receiver-manager or sequestrator is discharged.

  • 1998, c. 1, s. 280
  • 2011, c. 21, s. 103(E)
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