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Conflict of interest, Eligibility
Member, Director, Secretary
When a corporation gives an asset or money to a person or group with a close relationship to the corporation, this is called a giving a related party a financial benefit.
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Records
Director, Member
Corporations must keep a record of all membership applications given to the corporation and a register of current and former members.
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Records
Creditor/funder, Member, Director
Directors must keep proper corporation accounts and records that correctly record and explain the corporation's transactions and explain the corporation’s financial position and performance.