ONCA Fast Facts: Records And Registers

In October 2021, Ontario's Not-for-Profit Corporations Act, 2010 (“ONCA”) came into force. Not-for-profit corporations in Ontario have three years to transition their governing documents to conform with ONCA. Our ONCA Fast Facts series explores what is new and different in ONCA. This week we look at the requirements for records and registers.

ONCA requires a corporation to prepare and maintain records containing:

• the corporation's articles and by-laws, and amendments to them;
• the minutes of meetings of the members and of any committee of members;
• the resolutions of the members and of any committee of members;
• the minutes of meetings of the directors and of any committee of directors;