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Show the members the figures

The directors approve the statements, and the members see them at the annual meeting — including what directors were paid.

A Northwest Territories society holds an annual general meeting in the Northwest Territories, and presents at it an annual financial statement signed by its auditor, or by two directors where there is no auditor. Its bylaws provide for the audit of its accounts, and set the date its fiscal year ends — at least thirty days before the annual general meeting is called. Binds: Northwest Territories societies (Societies Act, R.S.N.W.T. 1988, c. S-11).

The law’s own words

“Every society shall hold an annual general meeting in the Northwest Territories at which shall be presented an annual financial statement signed by the auditor of the society or by two directors if there is no auditor and containing”

Societies Act (Northwest Territories), s. 17 · Read it at Government of the Northwest Territories · Verified 2026-11-08

“the assets and liabilities of the society in the form of a balance sheet”

Societies Act (Northwest Territories), s. 17 · Read it at Government of the Northwest Territories · Verified 2026-11-08

“the receipts and disbursements of the society since the date of incorporation or the date of the previous financial statement”

Societies Act (Northwest Territories), s. 17 · Read it at Government of the Northwest Territories · Verified 2026-11-08

“any further information that the bylaws may require”

Societies Act (Northwest Territories), s. 17 · Read it at Government of the Northwest Territories · Verified 2026-11-08

“the date on which the fiscal year of the society ends, which date must be at least 30 days before the calling of the annual general meeting”

Societies Act (Northwest Territories), s. 5 · Read it at Government of the Northwest Territories · Verified 2026-11-08

Northwest Territories Societies Act, section 17

“Every society shall hold an annual general meeting in the Northwest Territories at which shall be presented an annual financial statement signed by the auditor of the society or by two directors if there is no auditor” “the assets and liabilities of the society in the form of a balance sheet” “the receipts and disbursements of the society since the date of incorporation or the date of the previous financial statement” “any further information that the bylaws may require”

Source: Government of the Northwest Territories — Societies Act, R.S.N.W.T. 1988, c. S-11, s. 17 · Checked 2026-11-08