Why incorporate as a society? What are the reasons for doing so, and why not stay an unincorporated association?
Day: November 9, 2017
Do the new Societies Act indemnities mean Directors and Officers don’t need insurance?
I was asked recently whether the indemnity provisions in the Societies Act mean that societies in BC don’t need an insurance policy. This post clarifies insurance and discusses the advantages of a policy and the disadvantages of relying on the indemnity provisions.