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Changes
→Directors
! | <b>Implications for your bylaws </b>
|- valign="top"
| style="width:100px"|<strong>Number of directors</strong>
| Society must have at least 3 directors, no maximum.
| Bylaws may set minimum and maximum number of directors (can't go below 3 directors, unless a member-funded society, which can have as few as 1 director).
| New model bylaws set minimum number of directors at 3 and maximum at 11. Old Schedule B model bylaws set minimum at 5 directors. A society is <b>not </b>required to set a minimum or maximum number of directors.
|- valign="top"
| style="width:100px"|<strong>Election or appointment of directors</strong>
| Bylaws must provide for how directors are elected or appointed. New Act provides more flexibility for how directors are elected or appointed.
| Bylaws must provide procedure.