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Reviewing Your Non-profit Society's Bylaws

25 bytes removed, 02:57, 1 December 2016
Directors
{| class="wikitable"
! | <b>Item</b>
! | <b>Provision in new Act</b>! | <b>Scope of what bylaws can or must do</b>! style="width: 120px;" | <b>Implications for your bylaws </b>
|- valign="top"
| <strong>Number of directors</strong>
| Bylaws could set different terms of office, such as two-year terms or staggered terms. If your society uses a board policy to set terms for longer than one year, that provision will need to be added to bylaws.
|- valign="top"
| <b>Indemni-ficationIndemnification</b>
| Directors and senior managers who are found legally liable (e.g., for negligence) can be indemnified by society in certain situations.
| Bylaws may restrict society’s ability to indemnify directors and senior managers.
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