Help › Legal › Act within your purposes

Act within your purposes

A society is formed for the purposes its constitution names, and its money is spent on those purposes.

A Saskatchewan corporation is one of two kinds — a membership corporation or a charitable corporation — and its property and profits serve its activities, never a member’s pocket. Binds: Saskatchewan corporations under The Non-profit Corporations Act, 2022.

The law’s own words

“Subject to subsection (2), any profits or accretions to the value of the property of a corporation must be used to further its activities, and no part of the property or profits of the corporation may be distributed, directly or indirectly, to a member, director or officer of the corporation except as permitted pursuant to this Act.”

The Non-profit Corporations Act, 2022 (Saskatchewan), s. 5-7(1) · Read it at Publications Saskatchewan · Verified 2026-11-08