66 (1) A member may be expelled from membership in a co-operative by resolution passed by a majority of the board of directors at a meeting duly called for the purpose not later than thirty days before the date set for the annual meeting of the co-operative.  R.S.O. 1990, c. C.35, s. 66 (1). Validity (2) A resolution under subsection (1) is not valid unless, (a)  prior written notice is given to the member setting forth the grounds upon which it is sought to expel the member; (b)  the notice is given the member ten days or more before the date of the meeting of the board of directors called to consider the resolution expelling that member; and (c)  an opportunity is given the member to appear, either personally or by a person authorized under the Law Society Act to represent the member, to make submissions at the meeting of the board of directors called to consider the resolution expelling that member.  R.S.O. 1990, c. C.35, s. 66 (2); 2006, c. 21, Sched. C, s. 103 (1). Notice of decision (3) The secretary of the co-operative shall, within five days of the date of the meeting of the board of directors referred to in subsection (1), notify the member of the decision of the board by registered letter addressed to the member at the member’s latest known address.  R.S.O. 1990, c. C.35, s. 66 (3). Appeal by member (4) Where a resolution expelling a member is passed under subsections (1) and (2), the member may appeal the decision of the board of directors at the next annual or general meeting of members and the members by majority vote may confirm, vary or set aside the resolution.  R.S.O. 1990, c. C.35, s. 66 (4). Idem (5) A member who wishes to appeal the member’s expulsion to a meeting of members shall give notice of the member’s intention to appeal within twenty-one days of receipt of the notice of expulsion mentioned in subsection (3), and the directors shall, if written representations are received seven or more days before notice of the meeting is sent, at the expense of the co-operative, forward with the notice of the meeting a copy of such representations to each member entitled to receive notice of the meeting.  R.S.O. 1990, c. C.35, s. 66 (5); 2004, c. 31, Sched. 8, s. 14. Effect of expulsion (6) The co-operative shall purchase from an expelled member, within one year after the member’s expulsion becomes final, all the member’s shares, other than prescribed shares, in the capital of the co-operative at par value together with any premium and unpaid dividends and shall pay out, (a)  all amounts held to the member’s credit together with any interest accrued thereon; and (b)  any amount outstanding on loans made to the co-operative by the member that are repayable on demand by the member together with interest accrued thereon.  1994, c. 17, s. 19. Whereabouts of member unknown (7) If the whereabouts of a member is unknown to the co-operative after all reasonable efforts have been made to ascertain the member’s address for the purpose of making payment to the member under subsection (6), amounts payable thereunder to the member shall be transferred to a reserve fund of the co-operative; and any amounts so transferred shall, if claimed within thirty years after being so transferred by a person who produces evidence to the satisfaction of the directors of the co-operative that the person is entitled thereto, be paid over to such person and, after the expiration of such thirty-year period, any amount so transferred shall be forfeited to the co-operative and transferred out of the reserve fund to it.  R.S.O. 1990, c. C.35, s. 66 (7). Section Amendments with date in force (d/m/y) 1994, c. 17, s. 19 - 23/06/1994 2004, c. 31, Sched. 8, s. 14 - 31/08/2007 2006, c. 21, Sched. C, s. 103 (1) - 1/05/2007