Who can be a trustee of a Non-Profit Organisation?

Who can be a trustee of a Non-Profit Organisation?

March 25, 2019

A Non-profit Organisation is registered in Nigeria as an incorporated trustee.

Basically, the aim for an Incorporated Trustee is not to make profit but for the advancement of sports, education, religious, literary, scientific, social development, cultural and charitable causes.

A trustee of a non-profit organization can be any individual appointed by a community of persons, anybody or association of persons with the aim of establishing a Non-profit Organisation for the stated reasons above.

However, there are certain persons who are not qualified to be trustees of a non-profit organization. They include;

  1. An infant.
  2. A person of unsound mind having been found by a court.
  3. A person undischarged from bankruptcy

A person convicted of fraud or dishonesty within the five years of his proposed appointment.

Team 618 Bees

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached.

More Articles

Search

Connect With Us

Got any questions?

If you are having any questions, please feel free to ask.

Send us an email

Frequently Asked

  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 
  • Do I need a Company Secretary?

    A limited liability company (LLC) must not have a company secretary.
  • Why is mutual assent important in a contract?

    This is one of the key elements of a contract because is shows the meeting of the minds of both parties
  • Do I have to physically drop off my product sample at NAFDAC office?

    No, you can choose to have it sent to NAFDAC office
  • What is personal data?

    This is any information that can be used to identify an identifiable human person such passport photograph.
  • When registered, how long does a patent last for?

    Once granted, a patent is valid for 20 years.
  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
  • What’s the difference between a business name and an LLC?

    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 
  • Does a trademark search automatically reserve my trademark name?

    No, a trademark search does not automatically reserve that which is sought to be trademarked. A search ascertains whether that which is sought to be trademarked is available or violates any existing trademark.
All FAQs
Call Us Now on +234 901 719 0079 Chat on WhatsApp