Close
(0) items
You have no items in your shopping cart.
All Categories
    Filters
    Preferences
    Search

    Directors Resolutions Redeeming Shares | Canada

    $6.29

    Before a Canadian corporation can redeem any of its issued shares, the action must be authorized by a Resolution of the Directors.

    • Use this easy downloadable template to prepare the Resolution form.
    • By passing the Resolution, the Board of Directors authorizes the redemption of shares from 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.
    • A resolution for redemption of shares also requires the consent of the shareholders.
    • This corporate template can be used by federal corporations and by any provincial corporation which was formed under a Business Corporations Act. A French language translation is required for use in Quebec.
    Download Type: Microsoft Word
    Last Updated: 12-September-2018
    SKU: 55