Legal Forms

Prepare a Director's Resolution to approve a share transfer with this free template for Canadian business corporations.

• The Board of Directors of the corporation approves and authorizes a transfer of shares from an existing shareholder to a party who is purchasing the shares.
• This template can be used by federal corporations or by provincial companies incorporated under a Business Corporations Act (Alberta, BC, Saskatchewan, Ontario, New Brunswick, Yukon, NWT, Nunavut). A French language version is required for use in Quebec.
• All share transfers must be approved. Download the Canada Directors Resolution Approving Share Transfer template for your corporate secretary.

Draw up a Directors Resolution authorizing a loan to pay shareholder dividends with this downloadable template.

• The corporation will secure a loan and use the proceeds to pay dividends to the shareholders.
• The template also contains a second Directors Resolution stating the corporation's dividend policy.
• The second resolution authorizes a yearly dividend to be paid quarterly to shareholders, conditioned upon the corporation's earnings.
• This is a generic corporate form which is not specific to any country, state, province or territory.
• Available in MS Word format.

Prepare a Directors Resolution authorizing a corporation to do a stock split with this downloadable template.

• The Board of Directors authorizes the corporation to split its issued and outstanding shares of stock.
• Each share of stock will be split, thus increasing the pool of issued shares.
• This is a generic form (not country specific), and is fully customizable.
• Available in MS Word format.

Download this template Directors' Resolution form which authorizes a corporation to convert a shareholder's common shares into another class.

• The Board of Directors of the corporation pass the resolution to convert common shares held by a shareholder into shares of another class, on a one-for-one basis.
• The resolution presupposes that the corporation's articles allow for such a conversion.
• This is a generic template which does not refer to the laws of a specific country and can be used in either the USA or Canada.
• The Directors Resolution Converting Common Shares is downloadable in MS Word format and is fully editable.

Declare a capital dividend for a Canadian business corporation with this template Directors Resolution form.

• For tax purposes, it's important that all resolutions are properly passed and actions taken at the correct times.
• The Board of Directors declares the capital dividend on a specific class of shares.
• The corporation makes an election under Section 85 of the Income Tax Act (Canada). The dividend does not become payable until the election is made.
• This form can be used by business corporations incorporated under a Business Corporations Act throughout Canada.

Before a stock dividend can be paid to a corporation's shareholders, the Directors must pass a resolution to that effect.

• This template Directors' Resolution declares a dividend payable on the corporation's shares of stock.
• The dividend will be paid by way of issuing new shares to the shareholders on a pro rata basis (based on the ratio of their current shareholdings to the aggregate of all outstanding shares issued by the corporation).
• This is a generic corporate form (not country specific).
• Download your copy of the Directors Resolution Declaring Stock Dividend and present it to the Board for signature.

Pass a motion for a cash call on the shareholders of a Canadian corporation with this template Directors Resolution to Authorize Shareholder Cash Call.

• A cash call would be necessary to finance the corporation's operations if its current financial status makes it difficult or impossible to obtain conventional financing from a bank.
• The Board of Directors resolves to go to the shareholders to request an influx of operating capital.
• This is a downloadable and fully editable Microsoft Word form.
• The Resolution template can be used in any Canadian jurisdiction with a Business Corporations Act.

Revoke the signing authority of an officer of a Canadian corporation with this template Resolution of the Board of Directors.

• This template would be used whenever a signing officer resigns or is removed by the Board.
• This is a reusable corporate form. Save it as a template and re-use it as often as you require.
• The template can be used by corporations in any province or territory of Canada which has a Business Corporations Act, including federal companies. A French language translation is required for use in Quebec.
• Download the Canada Directors Resolution Revoking Signing Authority and use it any time there is a change in your company's corporate signing officers.

Set the date of a shareholder meeting for a Canadian corporation with this template Directors Resolution.

• This form can be used by the Board of Directors to fix the date of annual or special meetings of the shareholders.
• The Resolution also authorizes the form and content of the information circular and other documentation which has been prepared for the meeting.
• The Canada Directors Resolution Setting Date of Shareholder Meeting template is provided in MS Word format and is fully editable.
• This Directors Resolution template can be used by any Canadian or provincial corporation which has been incorporated under a Business Corporations Act. The form may not be valid in Quebec.

Before you can use a corporate seal on your company's documents, the directors must adopt the seal by resolution.

Download this free template for your Minute Book, or copy and paste the following text into a new document.

RESOLUTIONS OF THE DIRECTORS OF ________________ (legal name of corporation) (the "Corporation")

ADOPTION OF CORPORATE SEAL

BE IT RESOLVED THAT the seal, an impression of which appears in the margin hereof, is hereby adopted as the corporate seal of the Corporation.


DATED at ______________________ (insert city, province) this ______ day of ________, 20____.

The undersigned being all of the directors of the Corporation, hereby adopt the foregoing resolutions pursuant to the provisions of the Business Corporations Act.


_____________________________
Signature of Director


_____________________________
Signature of Director