Is your organization incorporated provincially in Ontario? Watch for developments with Bill 65, Ontario’s new Not-For-Profit Corporations Act. When it is proclaimed in force, corporations will have three years to file Articles of Continuance and revise their by-laws to comply with the act.
Posts Tagged ‘Governance’
Watch for developments with Bill 65
Friday, April 6th, 2012
What are by-laws?
Friday, March 9th, 2012By-laws are rules passed by an organization’s board of directors setting out how it is to be run. They cover matters such as membership in the corporation, how directors are elected, and how meetings will be conducted.
Keep Your Corporate Minutes Book Accessible and Up to Date
Wednesday, February 22nd, 2012Your corporate minutes book should contain essential documents including your incorporation documents, by-laws and board minutes. Keep this in an accessible place for reference and make sure it’s up to date.
Federally Incorporated Organizations Should Submit Articles of Continuance by October 17, 2014
Thursday, February 9th, 2012Is your organization incorporated federally in Canada? Under the new Not-for-Profit Corporations Act, you have until October 17, 2014, to submit Articles of Continuance. Organizations that do not respond will be assumed inactive and dissolved.
A Corporation’s Year-End Should Suit Its Activities
Friday, January 6th, 2012A fiscal year is any 12 consecutive months used as an organization’s accounting cycle. Corporations may choose a year-end that corresponds best to their activities. See our Glossary for more definitions.
Scheduling your AGM
Friday, November 25th, 2011Most not-for-profit corporations in Canada need to hold their Annual General Meetings within 180 days (6 months) of year-end.