ABSDA Proposed By-Law Changes

In March 2017, the ABSDA Board of Directors approved changes to our By-Laws. The short version of these proposed changes are as follows. Please click on the link below for full details.

Item 4.01
The financial year of the Society shall terminate on March 31 as opposed to December 31.

Item 5.07
To qualify as a full member an individual or organization shall be regularly engaged in the hardware and/or lumber & building materials trade at the retail level. The board of directors is willing to be more inclusive and welcome hardware only retailers.

Item 7.01
The Society shall hold its Annual General Meeting between April 1 and June 30th.
With a proposed changed in fiscal year-end we are moving the AGM date further out into the year to allow for auditors to complete their work.

Item 8.01
A proposed change in the structure of the board of directors is itemized in this section.

These changes will appear on the agenda at the ABSDA Annual General Meeting for final approval on May 25, 2017 in Dartmouth, Nova Scotia.