Canada Not-for-profit Corporations Act

Version of section 126 from 2011-10-17 to 2018-04-30:


Marginal note:Qualifications of directors

  •  (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.

  • Marginal note:Membership

    (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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