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Records Management Program <[log in to unmask]>
Date:
Mon, 6 Aug 2012 16:58:10 -0400
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Charities and Not-for-Profit Newsletter | July 2012 | The Case of the
Missing Records – Part 1 | Miller Thomson
Frequently, charities and non-profit organizations that are structured as
non-share capital corporations face challenges arising out of deficiencies
in their required corporate records.  These records may be incomplete or
missing altogether. This is not an entirely unusual situation for non-share
capital corporations.  Operational focus is on the organization's
activities and finances, and not necessarily on keeping up the paperwork.
So, quite typically, the enthusiasm for the continuing corporate paperwork
varies inversely with the very few volunteers (who may have limited time
and/or expertise) stepping forward to do the necessary tasks.  Often, the
older the corporation, the greater the record-keeping deficiencies.

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Source:
http://www.millerthomson.com/en/publications/newsletters/charities-and-not-for-profit-newsletter/july-2012/the-case-of-the-missing-records-part-1
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