Incorporation provides legal status to an association, allows an association to exercise certain rights and requires an association to fulfil certain responsibilities.
Your incorporated association may:
- enter into contracts
- sue and be sued
- invest and borrow money
- apply for grants
- buy and sell property
- protect members from personal liability
- accept gifts, donations or bequests.
Incorporation is suitable for community-based and not-for-profit associations. Your association cannot be incorporated if its purpose is to engage in trade or commerce or make profit for its members.