Français

R.S.M. 1990, c. 109

The Minnedosa Foundation Incorporation Act

Back to the 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