Board and Management Certification Respecting Directors in Arrears
Agency for Co-operative Housing
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Director Arrears - By-law Provisions (AB)
Agency for Co-operative Housing
Director Arrears - Sample By-Law Provisions Respecting Director Arrears (ON)
Agency for Co-operative Housing
Director Arrears - Stand-Alone By-law (Ontario)
Agency for Co-operative Housing
Arrears Management Tip Sheet
Agency for Co-operative Housing
In Arrears? Who, Me?
Date
15 October 2024
A director is in arrears when they owe their co-op money. Simple. Easy to understand.
In the old days (B.A.: Before the Agency), many co-ops saw things differently. Back then, a director who had signed a repayment agreement might not count as being in arrears. If they were keeping up with their
Tip of the Month
Capital Plans and Contributions
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).