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Difference between revisions of "Non-Profit Finances and Borrowing (Societies Act FAQs)"
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Non-Profit Finances and Borrowing (Societies Act FAQs) (view source)
Revision as of 23:55, 29 January 2024
, 29 January→Can a non-profit society operate a business or own a for-profit corporation?
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==Non-Profit Finances== | ==Non-Profit Finances== | ||
===Can a non-profit society operate a business or own a for-profit corporation?=== | ===Can a non-profit society operate a business or own a for-profit corporation?=== | ||
A non-profit can own a for-profit business if operating the business supports the non-profit’s purposes. This may be a situation, however where the non-profit wants to make sure that it has legal and accounting advice. | A non-profit can own a for-profit business if operating the business supports the non-profit’s purposes. This may be a situation, however, where the non-profit wants to make sure that it has legal and accounting advice. | ||
===What are debentures?=== | ===What are debentures?=== | ||
