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Difference between revisions of "Reviewing Your Non-profit Society's Bylaws"
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Reviewing Your Non-profit Society's Bylaws (view source)
Revision as of 15:05, 5 December 2016
, 15:05, 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" | ||
| <strong>Number of directors</strong> | | style="width:100px"<strong>Number of directors</strong> | ||
| Society must have at least 3 directors, no maximum. | | Society must have at least 3 directors, no maximum. | ||
| Bylaws may set minimum and maximum number of directors (can't go below 3 directors, unless a member-funded society, which can have as few as 1 director). | | Bylaws may set minimum and maximum number of directors (can't go below 3 directors, unless a member-funded society, which can have as few as 1 director). | ||
| New model bylaws set minimum number of directors at 3 and maximum at 11. Old Schedule B model bylaws set minimum at 5 directors. A society is <b>not </b>required to set a minimum or maximum number of directors. | | New model bylaws set minimum number of directors at 3 and maximum at 11. Old Schedule B model bylaws set minimum at 5 directors. A society is <b>not </b>required to set a minimum or maximum number of directors. | ||
|- valign="top" | |- valign="top" | ||
| <strong>Election or appointment of directors</strong> | | style="width:100px"<strong>Election or appointment of directors</strong> | ||
| Bylaws must provide for how directors are elected or appointed. New Act provides more flexibility for how directors are elected or appointed. | | Bylaws must provide for how directors are elected or appointed. New Act provides more flexibility for how directors are elected or appointed. | ||
| Bylaws must provide procedure. | | Bylaws must provide procedure. | ||
