Members: You Have Them, What Is Their Role?
Mondaq Business Briefing › Nbr. 2005, January 2005
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Summary
Not-For-Profit- Law Alert
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Extract
Members: You Have Them, What Is Their Role?
Originally published Fall 2005
Contents A. Introduction B. How Many Members Should You Have? C. The Law Relating To "Members" D. Classes Of Members E. Need For A Legal Audit F. Corporate Records Nightmares G. Summary A. INTRODUCTION Members are essential. Almost all not-for-profit organizations and charities are incorporated under legislation which requires them to have members, directors and officers. Members elect the directors and directors elect or appoint the officers. Members are therefore the most powerful group, yet there is little written about them. There are very few legal cases dealing with members. On the other hand, there are many legal cases dealing with directors' duties. There are dozens of articles written about directors' responsibilities. The Spring 2004 Not-For-Profit Alert from Borden Ladner Gervais deals specifically with directors' duties. ...See the full content of this document
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