426
edits
Difference between revisions of "How to Dissolve a Non-Profit (Societies Act FAQs)"
From Clicklaw Wikibooks
How to Dissolve a Non-Profit (Societies Act FAQs) (view source)
Revision as of 20:11, 30 January 2024
, 30 January→How do I dissolve a non-profit society?
Desy Wahyuni (talk | contribs) |
|||
| Line 2: | Line 2: | ||
{{REVIEWED | reviewer = [[Pacific Legal Education and Outreach Society]] (PLEO) in May 2021}} | {{REVIEWED | reviewer = [[Pacific Legal Education and Outreach Society]] (PLEO) in May 2021}} | ||
===How do I dissolve a non-profit society?=== | ===How do I dissolve a non-profit society?=== | ||
{{REVIEWED | reviewer = [[Pacific Legal Education and Outreach Society]] (PLEO) in | {{REVIEWED | reviewer = [[Pacific Legal Education and Outreach Society]] (PLEO) in January 2024}} | ||
Most dissolutions will happen voluntarily, at the request of the members. In order to dissolve, the following steps must be taken: | Most dissolutions will happen voluntarily, at the request of the members. In order to dissolve voluntarily, the following steps must be taken: | ||
====Step One: Pass an Ordinary Resolution==== | ====Step One: Pass an Ordinary Resolution==== | ||
The non-profit’s members must pass an ordinary resolution at a members’ meeting (AGM or SGM) empowering the board to seek dissolution from the registry as soon as it is practical or at a certain date. If the bylaws do not specify the qualified recipient of the non-profit’s remaining assets upon dissolution, the members may also pass a resolution specifying the qualified recipient at this meeting. | The non-profit’s members must pass an ordinary resolution at a members’ meeting (AGM or SGM) empowering the board to seek dissolution from the registry as soon as it is practical or at a certain date. If the bylaws do not specify the qualified recipient of the non-profit’s remaining assets upon dissolution, the members may also pass a resolution specifying the qualified recipient at this meeting. | ||
