R.S.M. 1990, c. 222
The Winnipeg Foundation Act
Table of Contents
1 | Definitions | |
2 | Foundation continued | |
(2) | Composition of Foundation | |
3 | Objects of Foundation | |
(2) | Restriction on benefits | |
4 | Appointment of Board | |
(2) | Number of Board members | |
(3) | Mayor of Winnipeg ex officio | |
(4) | Members to reside in province | |
(5) | Appointors eligible for appointment | |
(6) | Term of office | |
(7) | Vacancies | |
5 | Powers | |
6 | Appointment of Custodians | |
(2) | Consideration given to donor's wishes | |
(3) | Qualifications of Custodians | |
(4) | Revocation off appointment | |
(5) | Duties of Custodian | |
7 | Investments | |
8 | Consolidated Trust Fund | |
(2) | Operation of Fund | |
(3) | Direction of donor | |
9 | Use of income | |
(2) | Powers of Board on distribution | |
(3) | Discretion exercised by Board | |
(4) | Carrying out wishes of donors | |
(5) | Variation of directions | |
10 | Officers and Employees | |
11 | By-laws | |
12 | Donations | |
13 | Liberal construction | |
14 | Transfer of certain trust properties | |
15 | Benefit of places outside Winnipeg | |
16 | Trust with future effect | |
17 | Audit | |
18 | Transfer of assets of U. of M. Foundation | |
19 | The Corporations Act |