by Tobuso | Nov 24, 2022 | Annual Maintenance, Clean Up, Established Business Owners, Not-For-Profits
Many owners of corporations run into the situation where they have not recorded changes in who their directors are, who their officers are, and sometimes even who their shareholders are. This is understandable—people get busy growing their businesses, running their...
by Tobuso | Nov 14, 2022 | Not-For-Profits
On October 19, 2021, Ontario launched the new Ontario Not-for-Profit Corporations Act (“ONCA”). So, what does this mean for your Ontario Non-profit? Read on to learn more. Ontario Non-profit corporations that were incorporated before October 19, 2021, were...
by Tobuso | Sep 19, 2022 | Not-For-Profits
Many people think of registered charities (a “Charity”) and Not-for-Profit Corporations (“NFPs”) as interchangeable terminologies, defining the same thing. In this article, we will try to explain this misconception and clearly break down the difference. If you plan on...
by Tobuso | Aug 12, 2022 | General Information, Not-For-Profits
*This article deals specifically with Minutes that arise from meetings of Boards of Directors—but similar procedures will be followed for meetings of shareholders, members (for non-profit organizations), and committees. Congratulations! You’ve just finished taking...
by Tobuso | Aug 12, 2022 | General Information, Not-For-Profits
Most people know that you are required to take notes at meetings of corporations, but many need clarification about what exactly needs to be done and how to do it. What are Meeting Minutes? Meeting Minutes are simply notes that are taken at a meeting of people...
by Tobuso | Jul 11, 2022 | Director Change, General Information, Not-For-Profits
Not-for-Profit corporations (“Not-for-Profits”) tend to have a lot of turnover in directors—with new directors being added and existing directors resigning on a regular basis. It is important (and required by law) to keep track of who the current directors are and to...