2,553
edits
Difference between revisions of "Preparing for Transition under the New Societies Act"
From Clicklaw Wikibooks
Preparing for Transition under the New Societies Act (view source)
Revision as of 06:40, 30 November 2016
, 06:40, 30 November 2016no edit summary
| Line 29: | Line 29: | ||
}} | }} | ||
==Step 3: Prepare an electronic version of the society’s constitution== | |||
To file the transition application, you will need to submit an electronic version of the society’s constitution, with these modifications: | |||
* The constitution must consist of only the society’s name and purposes – '''which cannot be changed on transition'''. The name and purposes must be word-for-word as they appear in the society’s constitution on file with the Corporate Registry. | |||
* If the constitution currently includes any other provisions, '''these must be moved to the society’s bylaws'''. For example, a society may have a provision in its constitution about remuneration of board members or about the disposition of its assets on dissolution. Such provisions must be moved to the society’s bylaws as part of preparing for transition – see step 4 for more detail. | |||
* If the society chooses to become a member-funded society (see step 1), add this statement to the constitution: | |||
{{PLSTipsbox | |||
| text = This society is a member-funded society. It is funded primarily by its members to carry on activities for the benefit of its members. On its liquidation or dissolution, this society may distribute its money and other property to its members. | |||
}} | |||
{{Transitioning an Existing Society Navbox}} | {{Transitioning an Existing Society Navbox}} | ||
