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Declare an interest
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British Columbia stands fully covered: its own filings and guidance stand in the books beside the federal ones.
A director with a stake in a decision says so, and takes no part in deciding it.
A director with a stake in a decision says so, and takes no part in deciding it. Binds: BC societies.
The law’s own words
“A director to whom this section applies must disclose fully and promptly to the other directors the nature and extent of the director’s interest, abstain from voting on a directors’ resolution … in respect of the contract, transaction or matter …”
BC Societies Act, s. 56(2) · Read it at BC Laws · Verified 2026-11-06