Part 2 — Provincial Companies Subpart 1 Status and Powers of Provincial Companies
324 Ceasing to hold office
RSA 2000
(a) when the director's term of office expires,
(b) when the director dies or resigns,
(c) when the director becomes disqualified under section 312 or
ineligible to hold office pursuant to section 355(2), or
(d) when the director is removed under section 325.
(2) The resignation of a director of a provincial company becomes
effective at the time a written resignation is sent to the company by
the director or at the time specified in the resignation, whichever is
later.
1999 cI-5.1 s324