Difference between revisions of "Preparing for Transition under the New Societies Act"

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* If the society chooses to become a member-funded society (see step 1), add this statement to the constitution:
* If the society chooses to become a member-funded society (see step 1), add this statement to the constitution:


<blockquote>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.</blockquote>
<blockquote>''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.''</blockquote>


==Step 4: Prepare the society’s consolidated bylaws==
==Step 4: Prepare the society’s consolidated bylaws==
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