www.carters.ca
www.charitylaw.ca
–May need to eliminate non-voting
members and other membership classes prior to continuance in order
to avoid them having class veto rights over the continuance process, as
well as future fundamental changes and changes to membership classes
–May need to establish
alternative terminology for non-voting members, such as
“supporters”, “constituents”, “associates”, “adherents”
•If current bylaws are badly out
of date, may need to consider updating bylaw prior to
continuance
•If the corporation is a charity,
any changes to the charitable objects would require CRA approval
•Application for articles of
continuance will need to be approved by both the board of directors
and by the members
5