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Recordkeeping - Fact sheetsMember Meeting Records
This Fact Sheet provides information about the legal rules non-profits must follow for keeping official records about its member meetings. Non-profits must keep and store certain official records about its general member meetings. Sectio
Recordkeeping - Faqs
What are official records?
Recordkeeping - FaqsWhat are official records?
Official records are those a non-profit must keep, either in digital or paper format, under sections 20(1) and 20(2) of the Societies Act. These are records about governance, members, directors, and finances of the non-profit. For example, non-profits are required to keep governance documents such as its certificate of incorporation, constitution, and bylaws.
Societies Act - Faqs
What is a non-profit or society?
Societies Act - FaqsWhat is a non-profit or society?
The word society is used in BC to mean non-profit organization (NPO). Societies are governed by a law called the Societies Act. The Societies Act sets out the rules and procedures for incorporating, managing, and dissolving a society in British Columbia.
Societies Act - Faqs
Why incorporate a non-profit?
Societies Act - FaqsWhy incorporate a non-profit?
Incorporation as a non-profit gives it legal status separate from its members. This legal status means the non-profit can do things in its own name, such as borrow money. It also means the non-profit, rather than the individuals, is liable for any debt.
Recordkeeping - Fact sheetsFinancial Records
This Fact Sheet provides information about the legal rules non-profits must follow for keeping official records about its finances. Non-profits must keep and store certain financial records. Section 20 of the Societies Act requires non-p
Societies Act - Fact sheetsPractical Tips
This Fact Sheet provides some practical tips for non-profits for setting up a non-profit.Applying for Incorporation as a Non-ProfitTo apply for incorporation as a non-profit, you will need: