Common use of Duties of Directors Clause in Contracts

Duties of Directors. The Directors must manage or supervise the management of the business of the Co-op in accordance with the responsibilities, duties, and powers set out in the Act, the Memorandum of the Co-op and these Rules and may exercise all the powers of the Co-op that are not required by the Act or the Rules to be exercised by the members.

Appears in 4 contracts

Sources: Rules of Sunkatchers r.v. Park Co Operative, Rules of Byrne Creek Housing Co Operative, Rules of Cooperative Housing Association

Duties of Directors. β€Œ The Directors must manage or supervise the management of the business of the Co-op in accordance with the responsibilities, duties, and powers set out in the Act, the Memorandum of the Co-op and these Rules and may exercise all the powers of the Co-op that are not required by the Act or the Rules to be exercised by the members.

Appears in 1 contract

Sources: Rules of Pine Ridge Housing Co Operative