Help › Legal › Hold charitable property in trust
Hold charitable property in trust
Showing Saskatchewan. Select your province in settings.
Saskatchewan stands fully covered: its own filings and guidance stand in the books beside the federal ones.
A society that holds property for charitable purposes holds it in trust, and answers for it.
A Saskatchewan charitable corporation owns its property outright and holds nothing in trust unless the gift came expressly in trust for a purpose; what it invests follows the trustee’s rule. Binds: Saskatchewan charitable corporations under The Non-profit Corporations Act, 2022.
The law’s own words
“A charitable corporation owns any property of any kind that is transferred to or otherwise vested in the corporation and does not hold any property in trust unless that property was transferred to the corporation expressly in trust for a specific purpose or purposes.”
The Non-profit Corporations Act, 2022 (Saskatchewan), s. 5-5 · Read it at Publications Saskatchewan · Verified 2026-11-08
“Subject to section 5-7, the limitations accompanying any gift, or the articles or bylaws, a charitable corporation may invest its funds only in those investments in which a trustee may invest pursuant to The Trustee Act, 2009.”
The Non-profit Corporations Act, 2022 (Saskatchewan), s. 5-6(1) · Read it at Publications Saskatchewan · Verified 2026-11-11