Bill 18 (Legislature 13, Session 5)

L13 S5 6038

Alberta — Bills

No. 18 5th Session, 13th Legislature, Alberta 7 Elizabeth II, 1959 BILL 18 A Bill to amend The Co-operative Associations Act HON. MR. RElERSON Printed by L. S. WALL, Printer to the Queen's Most Exce-llent Maj('!lty, Edmonton, AlhHtl\, l!HiO

Explanatory Note

Section 23 presently reads: "23.

(1) The by-law!; ma.y provide that one or more directors may be appointed by a public body, commission or official and it is not necessary for a director so appointed to be or become a member of tl}e association and such a person may be validly appointed and act as a director notwithstanding the fact that he is not a member.

(2) The directors of the association appointed under subsection (1) shall not exceed in number one-fifth of the entire number of directors." Seed cleaning plants normally have six elected directors and three directors appointed by the municipal district or the Depart ment of Agriculture who have an interest in the plants due to the grants which they make.

Section 37 presently reads as follows: "37. When the directors are of the opinion that the association should be wound-up they may pass a resolution to that effect and by the same resolution appoint the Supervisor or a person approved for that purpo~ by the Supervisor as liquidator and authorize him to take the necessary steps for the winding-up of the association." . Tl?-e ~e:r:dment would put the !e~pon.sibility for authorizing lIqUIdation In the hands of the assoclatIon In the first instance.

BILL No. 18 of 1959

An Act to amend The Co-operative Associations Act (Assented to , 1959) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of Alberta, enacts as follows: 1. The Co-ope1'ative Associations Act, being

chapter 59 of the Revised Statutes is hereby amended.

Section 23, subsection (2) is amended by striking out the word "one-fifth" and by substituting the \vords "one third".

Section 37 is struck out and the following substituted: 37.

(1) The directors of an association may be author ized, by a general meeting of the association called for that specific purpose, to wind up the affairs of the associ ation by a resolution appointing the Supervisor, or other person approved by the Supervisor, as liquidator and em powering the liquidator to take all necessary action for the winding-up of the· association.

(2) Where due notice of a general meeting for the pur pose of authorizing the directors to wind up the affairs of the association and to appoint a liquidator has been given to the members of the association, then, if insufficient members appear at the time and place of the general meeting to form a quorum, the directors may pass the resolution referred to in subsection (1) without the auth orization of a general meeting. 4. This Act comes into force on the day upon which it is assented to.

No. 18 FIFTH SESSION THIRTEENTH LEGISLATURE 7 ELIZABETH II 1959 BILL

An Act to amend The Co-operative Associations Act Received an.d read the First time ......................................... . Second time ................. . Third time ....................... . HON. MR. REIERSON Title: 1959 (13th, 5th) Bill 18,

An Act to amend The Co-operative Associations Act

Document details

Collection	Alberta — Bills
Citation	L13 S5 6038
Type	bill
Volume / chapter	L13 S5 6038
Language	en
Format	json
Source	PROVINCIAL
Identifier	25ecd73eeed3dc3fe10efb44455f3edbee8ab4ea

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