Canada Cooperatives Act
Version of section 280 from 2011-11-29 to 2024-04-01:
Marginal note:Directors’ powers cease
280 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)
- Date modified: