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New Not-for-Profit Corporations Acts

Charities and Health Law Groups Seminar (Fasken Martineau Institute)
When
Where Fasken Martineau
Algonquin, Escarpment & Huron Rooms

Fasken Martineau
333 Bay Street, Suite 2400
Bay Adelaide Centre
,
Toronto, ON
M5H 2T6
Canada
Get directions

Join us on Friday, May 31, 2013 as we provide an in-depth look at the members' rights provisions in the two new not-for-profit corporate statutes: the now in effect Canada Not-for-profit Corporations Act and the Ontario Not-for-profit Corporations Act, expected to come into effect in 2014. The half-day session will highlight the differences between the two new Acts and the predecessor regimes. Drawing on our experiences to date and relevant experiences under for-profit legislation, we will provide practical advice for compliance both from the perspective of members and management.

Topics will include:

Overview

  • Status of legislation
  • Soliciting and non-soliciting corporations / public benefit corporations and non-public benefit corporations
  • Class voting rights

Basic Rights

  • Inspection and access rights including to membership lists 
  • Election and removal of directors and public accountants 
  • Meeting notice requirements (timing and delivery methods for notice and meeting materials, including financial statements) 
  • Nomination rights and limitations on those rights 
  • Methods for voting 
  • Confidentiality re voting (telephonic voting etc.)

Proxies

  • What must be included
  • Process for depositing / withdrawing 
  • Limitations on exercise 
  • Process for counting 
  • Most common grounds for dispute

Member Proposals

  • What they can cover
  • Technical requirements 
  • Opportunities for management response

Remedies Available to Members

  • Oppression rights 
  • Derivative actions 
  • Orders for compliance 
  • Dissent and appraisal rights 
  • Exemptions for religious corporations 
  • Procedural fairness in connection with discipline and removal

Speakers

Kathryn Beck, Bradley Freelan, Lynne Golding, Elena Hoffstein, Nadia Jandali Chao, Barbara Miller, Berkley Sells, Laurie Turner

Agenda

  • 8:00 am - 8:30 am     Registration and Breakfast 
  • 8:30 am - 11:30 am   Presentation and Q&A

Note: The hours from this non-accredited seminar may be applied towards the 9 Substantive Hours of annual Continuing Professional Development (CPD) required by the Law Society of Upper Canada for Ongoing Members. Please note that this seminar is not accredited for Professionalism Hours and cannot be counted for New Members or for Professionalism Hours for Ongoing Members.

Cost

This program is free of charge.

RSVP

The event has passed - Registration is closed. 

For more information

Nick Fan
+1 416 868 3511
events@fasken.com