Understanding the incorporation time frame is important. When you incorporate a co-operative, steps need to be completed within a specific time frame. These time frames differ in each province. However, no matter which western province you are incorporating in, the process always starts with reserving a name for your co-op. Likewise, the process always ends with the first annual general meeting (AGM).
The following chart outlines, by province, the steps and time frame for each western provincial incorporation process.
|Time Frame||British Columbia||Alberta||Saskatchewan||Manitoba|
|Name reservation to filing Articles||56 days||90 days||90 days||90 days|
|Incorporation to Bylaws||In BC, bylaws are submitted with the articles as the memorandum and rules of association||Within 180 days Approved at the first AGM Must be filed within 60 days of member approval||Must be submitted with Articles of Incorporation and approved at the first AGM within the 4 months following incorporation||Within 18 months Approved at the first AGM|
|Incorporation to first Annual General Meeting (AGM)||Within 3 months of incorporation unless approved by the registrar||Within 18 months of incorporation||Within 4 months of incorporation||Within 18 months|
|First AGM to next AGM||At least one meeting must be held in each calendar year within 4 months of the fiscal year end||The earlier of 15 months after the previous AGM and 6 months after the fiscal year end||Within 6 months of the fiscal year end||Within 15 months of first AGM|