Canada Directors Resolution to Guarantee Mortgage
Use this ready-made Directors' Resolution template to authorize a Canadian corporation to guarantee a mortgage.
- The Board of Directors resolve to have the corporation guarantee the repayment of a mortgage loan taken out by an affiliate or subsidiary, and to sign the necessary legal documents.
- This template can be used for federal corporations or for business corporations incorporated under any provincial Business Corporations Act.
Be sure your corporate records are in order. Download the Canada Directors' Resolution to Guarantee Mortgage, fill in the details and print it for passing by the Board.
Last Updated: 14-April-2016