Recent changes to Ontario's Not-for-Profit Corporations Act (ONCA) have altered the rules for proxy voting in non-profit and charitable organizations located in Ontario.
Previously, the right to use proxies was automatic for members, but now, it is only permitted if explicitly stated in an organization's articles or by-laws.
This discussion outlines what a proxy is, the potential benefits and drawbacks of allowing them, and highlights that virtual meetings offer an alternative.
Canadian nonprofits that continue to use proxies must adhere to specific requirements for proxy forms to ensure legal compliance.
If you are looking to register a nonprofit or charity and need assistance with ensuring you, as the founder, retain control, call us at 416-488-5888 or email at ask@charitylawgroup.ca, and our experienced charity lawyers can assist with bylaw and related resolutions formation and revisions, giving you absolute control.
This episode is jointly sponsored by B.I.G. Charity Law Group Professional Corporation, a Charity Law Firm exclusively serving charity and not-for-profit clients in Toronto, Ontario and across Canada with registration and governance, and B&H Charity Accounts Group, a bookkeeping firm serving Canadian charities in Ontario with all their financial and tax filing needs. Hat tip to our friends at OrgHub.ca, a new, innovative software platform that provides not-for-profits and charities across Canada with a solid foundation for incorporation and streamlined corporate governance.
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