Part 2 — Provincial Companies Subpart 1 Status and Powers of Provincial Companies
318 Term of directors
directors be elected for a maximum of 3 years.
(2) The term of a director ends at the close of the annual meeting
of participating policyholders and shareholders held in the year in
which the director's term ends.
(3) A director who is not elected for an expressly stated term of
office holds office for a one-year term.
1999 cI-5.1 s318