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ARTICLE · 29 JULY 2024

Proxy Requirements Under ONCA

Mills & Mills
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The Ontario Not-for-Profit Corporations Act (the "Act") was proclaimed on October 19, 2021, and it is generally applicable to every Ontario not-for-profit corporation.

CanadaCorporate/Commercial Law
Lucia Kim
Lucia Kim

The Ontario Not-for-Profit Corporations Act(the "Act") was proclaimed on October 19, 2021, and it is generally applicable to every Ontario not-for-profit corporation.

The Act permits not-for-profit corporations to allow its members to appoint a proxyholder; provided that this right is in the corporation's Articles or By-laws.

Proxy voting allows a member who cannot, or does not want to, attend a members' meeting to appoint an individual to attend for and act on the member's behalf at such meeting.

As not-for-profit corporations transition under the Act and prepare for members' meetings, proxy requirements under the Act should be carefully reviewed. In addition to this, a thorough review of the corporation's Articles and By-laws is necessary.

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