Resource Library
If you want to better understand the legal gaps and risk areas for your organization, PLEO is here to help! The topics below cover some of the most pressing areas of legal issues that non-profits we work with face.
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Glossary
Accounting Records
Accounting records is a broad category which includes details on individual financial transactions such as the date and amount of…
Time: 1 minute
Glossary
Financial Statements
Financial Statements are a broad overview of the non-profit’s financial position, presented for member approval at each AGM.…
Time: 1 minute
Glossary
Model Bylaws
Model bylaws are example rules for governing the internal affairs of a non-profit. A non-profit can either adopt model bylaws as…
Time: 1 minute
Glossary
Section 20 Records (Societies Act)
Section 20 records are the official records a non-profit must keep, either in digital or paper format, under sections 20(1) and…
Time: 2 minutes
Glossary
Member Class
A member class is a group that shares the same rights and benefits once admitted as members.
An example of different classes of…
Time: 1 minute
Glossary
Special Resolution
A special resolution is a vote that requires a super majority (usually 2/3) in favour of the vote for it to succeed.
A non-…
Time: 2 minutes
Glossary
Ordinary Resolution
An ordinary resolution is a vote that requires a simple majority (50%+) in favour of the vote for it to succeed.
This usually…
Time: 1 minute
Glossary
General Meeting
A general meeting is when members meet to discuss topics consequential to the overall direction of the non-profit. However,…
Time: 1 minute
Glossary
Registered Charity
A registered charity is a charitable organization, public foundation, or private foundation registered with the Canada Revenue…
Time: 2 minutes
Glossary
Official Record
Official records are the documents a non-profit must keep, either in digital or paper format, under sections 20(1) and 20(2) of…
Time: 2 minutes