R.S.M. 1990, c. 109
The Minnedosa Foundation Incorporation Act
1 | Continuation |
2 | Composition |
3 | Power to receive donations |
4 | Donations vested in trust company |
5(1) | Appointment of trustees |
(2) | Revocation of appointment of trustee |
(3) | Compliance with directions of donor |
6 | Powers of trustees |
7(1) | Composition of Advisory Board |
(2) | By-law for term of office |
(3) | Term of office where no by-law passed |
(4) | Filing of vacancies |
8(1) | Distribution of income |
(2) | Administration of property |
(3) | Investment of donations |
(4) | Assistance to agencies |
(5) | Majority of Board may act |
(6) | Intention of donor to govern |
(7) | Departure from intent of donor |
9 | Disbursement of trust estate |
10 | What trust companies may be appointed |
11(1) | Annual audit |
(2) | Statement to show future gifts |
(3) | Information to auditor |
12 | Power to pass by-laws |
13(1) | Donations |
(2) | Liberal construction |
14 | Other municipality |
15 | Donations in trust with future effect |