Directors Resolution Revoking Signing Authority | Canada

Download this package of minute book forms to organize a Canadian business corporation.

This package contains the forms that the Business Corporations Act requires a corporation to keep in its Minute Book, including:

1. a set of corporate By-laws;
2. organizational resolutions of the initial directors and shareholders;
3. Consent to Act forms to be signed by each director and / or officer of the company;
4. a register of share transactions to record the initial share issuances;
5. shareholder ledgers, to be filled out for each shareholder;
6. register of directors and managers of the corporation.

The Canada Organizational and Minute Book Forms Package is downloadable and easy to use, and contains everything you need to organize a new corporation.

Prepare the Annual Resolutions of the shareholders and directors of a Canadian business corporation with this package of forms.

• In small privately held corporations, it is common to pass Resolutions instead of holding a formal annual meeting, to deal with all the business that must be covered in the corporation's annual meeting.
• This package is a convenient time-saver for corporate lawyers and paralegals. It contains the following template forms:

1. 1. Resolution of the directors appointing the corporate officers and approving the financial statements.
   2. Resolution of the voting shareholders approving the financials and electing the directors.
   3. Resolution of all of the shareholders appointing auditors or waiving the audit requirement.
   4. Cover letter to be sent by a law firm to its corporate clients, enclosing the forms and giving instructions to the client.

• This package of Canada Annual Resolutions Forms can be used for federal companies and in Alberta, British Columbia, Saskatchewan, Ontario, New Brunswick, Nunavut, Yukon and Northwest Territories. French language translation required for Quebec.

Under Canadian corporations laws, the shareholders of a corporation must elect or appoint the directors. Use this easy template to prepare the required Shareholders Resolution.

• By passing the Resolution, the shareholders appoint the directors for the ensuing year.
• Each director being appointed must consent to act in that capacity. This template also contains a Consent to Act form to be signed by each of the incoming directors.
• You can re-use this downloadable Canada Shareholders Resolution Appointing Directors form each year at the annual meeting of shareholders. Buy it, save it as a template, and prepare it for signature.
• This form can be used by federal corporations and by companies incorporated under any provincial Business Corporations Act. A French language translation is required for use in Quebec.

Indemnify corporate directors and officers against claims or losses with this free Indemnity Form for Canadian corporations.

• The corporation indemnifies the directors and officers against claims or losses arising as a result of their acting in their capacity as a director or officer of the corporation.
• Sitting on the board of a corporation, non-profit or condominium can be a risky proposition these days, and directors don't want to leave themselves open to lawsuits because of actions they took on behalf of the company.
• Corporations should make it standard practice to indemnify every director and officer to protect them against liability.
• Available in MS Word format.
• Prepared for use by companies incorporated in Canada.

Organize a newly incorporated Canadian corporation with these initial Directors Resolutions to Organize Corporation.

• These resolutions can be signed by all of the directors in lieu of holding a formal organizational meeting.
• The resolutions deal with the following matters:
  • appointing the corporate officers,
  • adopting the corporation's by-laws,
  • adopting a form of share certificate and issuing shares to the initial shareholders,
  • designating one or more officers as corporate signing authorities,
  • appointing a bank,
  • setting the fiscal year end of the corporation,
  • indemnifying each person who acts as a director or officer.
• These Canada Directors Resolutions to Organize Corporation are provided as a downloadable MS Word file which is fully editable.
• The documents can be used by corporations formed under any Business Corporations Act, whether federally or provincially. Different forms may be required for Quebec.