Use this ready-made template to prepare Resolutions of the Directors of a Canadian corporation authorizing the redemption of shares of stock upon request by a shareholder.

The shares will be redeemed provided that the corporation determines that redeeming the shares would not render the corporation unable to meet its liabilities. The resolution also requires the consent of the shareholders.

This Canada Directors Resolution to Redeem Shares is in MS Word format, and is easy to download, edit and print.