Jared, a Law Student, from the Business Law Clinic provided a memo. The background document is included as well.
The full memo is attached and the conclusion was as follows:
Conclusion
“Property” under the Societies Act includes rights and interests. Courts have classified contractual rights and interests as this kind of property. Facebook users derive contractual rights and interests from Facebook’s terms, conditions, and policies. In theory, these rights and interests in a Facebook group could be classified as property and distributed under the Societies Act. However, this transfer would have to be done with Facebook’s consent. Because there is no case law directly supporting this theory, its application would be contingent on a ruling from the Canadian courts.
