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Difference between revisions of "Preparing for Transition under the New Societies Act"
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Preparing for Transition under the New Societies Act (view source)
Revision as of 15:53, 30 November 2016
, 15:53, 30 November 2016→Step 1: Consider member-funded society status
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To become a member-funded society, a society must meet a qualification test and get the approval of its members in a special resolution. If a society doesn’t adopt the member-funded society designation on transition, it will need a court order to do so later. | To become a member-funded society, a society must meet a qualification test and get the approval of its members in a special resolution. If a society doesn’t adopt the member-funded society designation on transition, it will need a court order to do so later. | ||
See the section "[[What the New Societies Act Means for Existing Societies#You need to decide whether to become a member-funded society|You | See the section "[[What the New Societies Act Means for Existing Societies#You need to decide whether to become a member-funded society|You need to decide whether to become a member-funded society]]" for the issues to consider in whether to become a member-funded society. | ||
==Step 2: Update Corporate Registry filings== | ==Step 2: Update Corporate Registry filings== | ||