Upcoming Deadline for Societies to Transition to the New Societies Act
The Societies Act (the “Act”) came into force in British Columbia on November 28, 2016 replacing the prior Society Act. The Act requires that all existing societies file a Transition Application with the Corporate Registry to “transition” to the new Act. This transition must be completed by November 28, 2018.
We are happy to assist in the preparation and filing of the Transition Application of existing societies. In order to do so, we require the following:
- the society’s constitution and bylaws, including all amendments thereto;
- confirmation that the society’s statement of directors and registered office is up to date;
- confirmation that the society’s annual reports are up to date; and
- confirmation whether or not the society is a member-funded society.
For more information regarding some of the changes between the old Society Act and the current Societies Act, please check out our blog article titled “Transition to the New Societies Act” which can be found here: https://touchstonelawgroup.com/transition-new-societies-act/
If you have any questions regarding the transition process or societies in general, please feel free to reach out to one of our lawyers practicing in the area of business law.
Author: Danielle (Dani) Brito
This information is general in nature only. You should consult a lawyer before acting on any of this information. This information should not be considered as legal advice. To learn more about your legal needs, please contact our office at (250)448-2637 or any of our lawyers practicing in the area of business law at the following:
Una Gabie: una@touchstonelawgroup.com Danielle (Dani) Brito: danielle@touchstonelawgroup.com Jane Otterstrom: jane@touchstonelawgroup.com