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Legal Issues For Not For Profits

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This document summarizes a workshop on legal issues for not-for-profits. It discusses the statutory basis for non-profit corporations, directors' liability, and corporate liability. It compares charitable and non-charitable non-profits and outlines alternatives like incorporation and unincorporated associations. Directors' duties and standard of care are explained. Types of insurance like property, liability, and business loss policies are also summarized.

BusinessEconomy & Finance
1 of 47
Legal Issues for Not-For-Profits Facilitated by: Derek W. Hillier, Q.C Easton Facey Hillier Lawrence Project Partners: Mariner Resource Opportunities Network Inc. Newfoundland and Labrador Rural Development Council Funding Provided By: Comprehensive Economic Development Agreement Labour Market Development Agreement
Non-profit Corporations Workshop ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Legal Issues for Not-for-Profits Corporations Act and Corporate Procedures
Introduction ,[object Object],[object Object],[object Object]
Objectives of Workshop ,[object Object],[object Object],[object Object],[object Object]
Comparison Charitable and Non-profit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Understanding the Non-profit Corporation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Alternatives for Non-profits ,[object Object],[object Object],[object Object]
Other Business Entities ,[object Object],[object Object]
Differences between a partnership and a corporation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Co-operatives ,[object Object],[object Object],[object Object]
Whether organized on a co-operative basis ,[object Object],[object Object],[object Object]
The Corporations Act general provisions ,[object Object],[object Object],[object Object],[object Object]
Corporations to which the Corporations Act does not apply ,[object Object],[object Object],[object Object]
Capacity and Powers ,[object Object],[object Object],[object Object]
Incorporating the Non-profit Corporation ,[object Object],[object Object],[object Object]
Articles of Incorporation ,[object Object],[object Object],[object Object],[object Object],[object Object]
By-Laws ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Members ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Meetings of Members ,[object Object],[object Object],[object Object],[object Object]
Voting at Meetings of Members ,[object Object],[object Object]
Other Corporate Issues ,[object Object],[object Object],[object Object],[object Object],[object Object]
Record Keeping – Corporate Records (Section 36) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Case Study Questions & Answers
Legal Issues for Not-For-Profits Directors’ Liability
Members ,[object Object],[object Object],[object Object]
Role of Directors ,[object Object]
To avoid personal liability a director must understand: ,[object Object],[object Object],[object Object]
Role of Directors ,[object Object],[object Object],[object Object]
Directors have the duty to act: ,[object Object],[object Object],[object Object]
Role of Directors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Liability of directors ,[object Object],[object Object]
Federal Statutory Liabilities ,[object Object],[object Object],[object Object],[object Object]
Newfoundland and Labrador Statutory Liabilities ,[object Object],[object Object],[object Object],[object Object]
Specific liability issues ,[object Object],[object Object],[object Object]
Directors and Officers liability insurance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Questions to ask your broker ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Information required by broker ,[object Object],[object Object],[object Object],[object Object],[object Object]
Possible Exclusions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Legal Issues for Not-For-Profits Corporate Liability
Corporate Liability ,[object Object],[object Object],[object Object],[object Object]
Other Corporate Liability ,[object Object],[object Object],[object Object],[object Object]
Types of Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Property Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object]
Commercial general liability endorsements ,[object Object],[object Object],[object Object]
Business Loss Insurance ,[object Object],[object Object],[object Object]
Case Study Questions and Answers

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Legal Issues For Not For Profits

  • 1. Legal Issues for Not-For-Profits Facilitated by: Derek W. Hillier, Q.C Easton Facey Hillier Lawrence Project Partners: Mariner Resource Opportunities Network Inc. Newfoundland and Labrador Rural Development Council Funding Provided By: Comprehensive Economic Development Agreement Labour Market Development Agreement
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  • 3. Legal Issues for Not-for-Profits Corporations Act and Corporate Procedures
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  • 24. Case Study Questions & Answers
  • 25. Legal Issues for Not-For-Profits Directors’ Liability
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  • 40. Legal Issues for Not-For-Profits Corporate Liability
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  • 47. Case Study Questions and Answers