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Societies Act - Faqs
Can an individual apply to incorporate a non-profit on their own?
Societies Act - FaqsCan an individual apply to incorporate a non-profit on their own?
No. To apply for incorporation, a non-profit must provide the names and contact information of at least three directors. At least one of the directors must live in Yukon.
Societies Act - Faqs
What are the minimum qualifications for the directors of a non-profit?
Societies Act - FaqsWhat are the minimum qualifications for the directors of a non-profit?
The minimum qualifications for directors are they must be at least 18 years of age; must not be incapable of managing their own affairs; must not be an undischarged bankrupt; and cannot have been convicted of an offence in connection with promotion, formation or management of a corporation or unincorporated entity, or of an offence involving fraud.
These requirements are not exhaustive, and the bylaws of a non-profit may set out more requirements. If a director ceases to be qualified, the director must resign promptly.
Recordkeeping - Faqs
What kind of records does a non-profit have to keep about its members?
Recordkeeping - FaqsWhat kind of records does a non-profit have to keep about its members?
The Societies Act requires a non-profit to keep a register of members' names along with one piece of contact information provided by the member. This is called the membership register. The register is not a member directory or contact list, it is an official record.
Recordkeeping - Faqs
Do we have to keep records?
Recordkeeping - FaqsDo we have to keep records?
The Societies Act requires all Yukon non-profits keep what are called “official records” and to make some or all of these records available to directors, members of the society, and members of the public. Non-profits also keep many kinds of documents and records that are not “official records”. These FAQs are about official records.
Recordkeeping - Faqs
What kind of records does a non-profit have to keep about its directors?
Recordkeeping - FaqsWhat kind of records does a non-profit have to keep about its directors?
The Societies Act requires a non-profit to keep a register of the names of its directors along with a piece of contact information provided by them. The non-profit must also have proof of their consent to act as directors, the date they were elected/appointed, and the date they stopped holding office.
Societies Act - Fact sheetsDirectors
This Fact Sheet provides information about being a director of a non-profit in the Yukon.DefinitionA director of a non-profit, also known as a “board member”, is an individual who has been elected or appointed to oversee a non-profit’s activities and
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 section 22 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 Yukon 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 Yukon.