First Nations Fiscal Management Act
Version of section 61 from 2018-12-13 to 2024-10-14:
Marginal note:Board of Directors
61 (1) The Authority shall be managed by a board of directors, consisting of from 5 to 11 directors, including a Chairperson and Deputy Chairperson, elected from among the representatives of borrowing members.
Marginal note:Nomination of directors
(2) A representative of a borrowing member may nominate a representative of a borrowing member for election as Chairperson or Deputy Chairperson or as a director other than the Chairperson or Deputy Chairperson.
Marginal note:Election of directors
(3) Directors shall be elected by representatives of borrowing members.
- 2005, c. 9, s. 61
- 2018, c. 27, s. 401
- Date modified: