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Difference between revisions of "Reviewing Your Non-profit Society's Bylaws"
From Clicklaw Wikibooks
Reviewing Your Non-profit Society's Bylaws (view source)
Revision as of 15:07, 5 December 2016
, 15:07, 5 December 2016→Key clauses to consider
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! | <b>Implications for your bylaws </b> | ! | <b>Implications for your bylaws </b> | ||
|- valign="top" | |- valign="top" | ||
| <b>Director's remuneration</b> (effective in 2018 for existing societies) | | style="width:100px"|<b>Director's remuneration</b> (effective in 2018 for existing societies) | ||
| Directors can not be paid for being directors unless remuneration is authorized by society's bylaws. | | Directors can not be paid for being directors unless remuneration is authorized by society's bylaws. | ||
| If society wishes to remunerate directors for being directors, bylaws must provide authorization. Bylaws could cap remuneration or impose conditions on payment. | | If society wishes to remunerate directors for being directors, bylaws must provide authorization. Bylaws could cap remuneration or impose conditions on payment. | ||
