B-15 BY-LAW 21 - DIRECTORS

Sponsor: Carmine Paglia, AFS, NCR | Disposition: Died on the Order Paper

By-Law 21.4 (New) If a Director is retired, he/she has no entitlement to compensatory salary.

Resolutions Sub-Committee Comments - As a long standing practice, retired members of the Institute who are Directors do not receive compensatory salary.