•Both the CNCA and the ONCA are conceptually structured on a business corporate model which gives enhanced rights of members
•Member rights are similar in many respects to rights of shareholders
•Necessary to
know the rules in the Act
•CNCA - lots of details in the regulations with reference to “prescribed”
•ONCA - less
details in the regulations
•Need to refer back and forth between the applicable acts and the related regulations
•Articles -
similar to birth certificate
•By-laws -
operating structure