www.charitylaw.ca
www.carters.ca
•However, Bill 85, if passed, will provide for the following amendments to the ONCA:
–The
Public Benefit Corporation threshold, currently $10,000, may be
amended by regulation
–All directors must consent in writing, and the corporation
must keep this in the ‘approved form’
–During
the 3-year transition period, Part III OCA Corporations must add to
their articles all provisions, by-law provisions, or
special resolutions that the ONCA requires to be contained
in their articles
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