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www.charitylaw.ca
ESSENTIAL THINGS TO KNOW ABOUT THE CNCA AND ONCA
1.Incorporation as of Right
•Incorporation as of right under CNCA and ONCA
•Obtain certificate of incorporation, not letters patent
•Simpler and faster process
•One or more persons can be incorporators
•Replaces the letters patent system with a statutory regime
•Removes ministerial discretion to incorporate
•Corporation has the capacity, rights, powers and privileges of a natural person
•Eliminates the concept of a corporation’s activities being ultra vires
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