BPWCCUL By-Laws Review 2025 – FINAL VERSION 11 EXISTING BY-LAW PROPOSED CHANGE RATIONALE By-law 17 Any member who: a) fails to pay any contribution or debt due to the Society; or b) is convicted of a criminal offence involving dishonesty; or c) in the opinion of the Board acts in anyway detrimental to the interests of the Society may be suspended by the Board until the next general meeting when he may be expelled as provided in the Act. By-law 17 Any member who has been found guilty of the following offences may be suspended by the Board until the next general meeting when he may be expelled as provided in the Act, Regulations, Regulator Guidelines and By-laws: a) fails to pay any contribution or debt due to the Society; or b) is convicted of a criminal offence involving dishonesty; or c) in the opinion of the Board, acts in anyway detrimental to the interests of the Society. Reworded for better flow By-law 18 Subject to Section 102 of the Act, after payment of any amount due to the Society, or to any contingent liability to the Society, all amounts paid on shares or deposits by members whose membership has been terminated shall be paid to them in order of termination, but only as funds are available. By-law 18: No changes By-law 19 The Society shall keep a register of its members in accordance with the provisions of the Act. By-law 19: No changes SHARES SHARES By-law 20 In accordance with Section 30 (1) of the Act, the par value of one share shall be $5.00. By-law 20: No changes
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