BPWCCUL By-Laws Review 2025 – FINAL VERSION 58 EXISTING BY-LAW PROPOSED CHANGE RATIONALE (d) a general ledger; (e) a personal ledger; (f) a register of loans; (g) a Minute Book each for the Board, the Credit Committee, the Supervisory Committee and any other sub-committee appointed by the Board; (h) forms of loan agreements; (i) a file containing a copy of the Act, Regulations and these By-Laws; (j) payment vouchers. Clauses (a), (c) to (f), (h) to (j) remain unchanged. (g) minutes of all meetings of i) members and the resolutions taken at those meetings; ii) the Board, the Credit Committee, the Supervisory Committee and any other subcommittee appointed by the Board; New By-law (k), (l), (m) k) Copies of all notices of elected officers of the Society and notices of change of elected officers; l) A register of the elected officers setting out the names, addresses and occupations of all persons who are or have been elected officers of the Society with dates on which each person became or ceased to be an elected officer; m) Any other records as may be deemed necessary by the Act, Regulations, Regulator Guidelines and By-laws or Board from time to time. Amended to reflect modern requirements for corporate filings INSPECTION OF BOOKS INSPECTION OF BOOKS By-law 81 The records of the Society shall be open to the inspection of any member or person having an interest in the funds of the Society, but no person other than the member himself, a member of the Board or any one of the Supervisors or officers of the Co-operative Department, shall be allowed to see the personal account, loan agreement or passbook, or the register of papers relating By-law 81 1) The records of the Society shall be open to the inspection of any member or person, by operation of law, having an interest in the funds of the Society, but no person other than the member himself, a member of the Board or Supervisory Committee or authorized officers of the Regulator or any legal authority shall be allowed to access any personal or financial information without the consent of such member in writing. Significantly amended to expand on members rights and exclusions in regards to their inspection of corporate records Also introduces the potential for charges to be incurred by members for time and effort associated with fulfilment of requests
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