Not-for-Profit Corporations Act (Ontario) (ONCA)

Business corporations in Ontario are generally incorporated under the Business Corporations Act (Ontario) (OBCA). Not-for-profit corporations in Ontario may be incorporated under the Corporations Act (Ontario) (OCA) (generally under Part III). The OCA specifically does not apply to corporations incorporated under the OBCA (OCA section 2). The Not-for-Profit Corporations Act (Ontario) (ONCA) was passed in… Continue reading Not-for-Profit Corporations Act (Ontario) (ONCA)