http://www.bankruptcy-canada.ca/bankruptcy/2009/11/do-i-have-to-give-up-being-a-director-in-a-non-profit.html Personal Bankruptcy Canada Blog Sat, 13 Mar 2010 22:47:55 +0000 http://wordpress.org/?v=2.2.1 http://www.bankruptcy-canada.ca/bankruptcy/2009/11/do-i-have-to-give-up-being-a-director-in-a-non-profit.html#comment-111324 Ted Michalos, CA trustee Tue, 03 Nov 2009 13:06:48 +0000 http://www.bankruptcy-canada.ca/bankruptcy/2009/11/do-i-have-to-give-up-being-a-director-in-a-non-profit.html#comment-111324 Unfortunately, you will have to step down while you remain an undischarged bankrupt. The Business Corporations Act doesn't differentiate between profit and not-for-profit corps in this area. Unfortunately, you will have to step down while you remain an undischarged bankrupt. The Business Corporations Act doesn’t differentiate between profit and not-for-profit corps in this area.

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