A Director shall be eighteen (18) or more years of age and a resident of the Province of Ontario;
No person is eligible to be or shall act as a Director unless he is a member of the Corporation and insured therein for the time he holds office and is entitled to vote. (See the Corporations Act, S. 164 (1));
No undischarged bankrupt shall be a Director, and if a Director becomes bankrupt he shall thereupon cease to be a Director;
No person shall be eligible for election or re-election as a Director after having attained his 65th birthday;
A Director shall have such further and other qualifications as the Board of Directors may determine from time to time, by Resolution.