A director’s term of office under CBCA is typically set by

date:2026-03-10 16:26:38 author:admin browse: time View comments Add Collection

A director’s term of office under CBCA is typically set by

A director’s term of office under CBCA is typically set by:

A. Provincial securities regulators

B. The company’s articles or by-laws

C. Federal legislation mandating 3-year terms

D. Senior management of the company

Answer: B

Explanation: Director terms are governed by corporate articles/by-laws; CBCA does not mandate fixed terms, only annual election requirements for public companies.