www.charitylaw.ca
www.carters.ca
c)Basic
Framework of the CNCA
•The CNCA is conceptually
structured on a business corporate model which gives enhanced
rights of members
•CNCA provides both a general
framework and a set of rules for corporations to operate
•Three types of rules in
CNCA
–Mandatory Rules - Cannot be
overridden by the articles or by-laws
–Default Rules - By-laws or
articles can override
–Alternate Rules -
Articles/by-laws can include certain optional rules provided in the
Act
•It is important to be familiar
with the rules before drafting CNCA corporate documents
(legal assistance can help)
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