Directors Resolution to Issue New Shares | Canada

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.

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. A French language translation is required for use in Quebec.

Appoint the corporate officers for a Canadian corporation with this template Directors Resolution.

• A business corporation in Canada must appoint officers to fill the roles set out in its by-laws (such as a president, secretary, treasurer, etc). It is the responsibility of the directors to appoint those individuals.
• The Board of Directors pass resolutions appointing the officers for the corporation and assigning duties to each officer.
• This template can be used by any Canadian or provincial corporation that was formed under a Business Corporations Act. A French language translation is required in Quebec.
• This is a downloadable and easy-to-use MS Word document. You can download it immediately after purchase.

Prepare the Minutes for a meeting of the Board of Directors of a Canadian corporation with this downloadable template form.

1. The Minutes contain sections for:
   • constitution of the meeting, and determining if a quorum is present,
   • old business which requires attention,
   • the introduction of new business,
   • adjournment of the meeting.
2. The template can be used by any company incorporated under a Business Corporations Act across Canada. A French language version is required in Quebec.
3. This Canada Minutes of Directors Meeting template is provided in MS Word format. Other formats available on request.

Prepare the Minutes for an annual shareholders meeting of a Canadian business corporation with this downloadable template.

• The template covers all the matters which would be put before the meeting as resolutions, and which the shareholders would vote on, such as approving the financial statements and electing the directors for the coming year.
• With this form, it's easy to fill in the blanks where indicated and prepare the final version of the minutes for distribution to the shareholders.
• Writing up the Minutes of your company's annual shareholders meeting doesn't have to be tedious. Download the template and see how easy it can be.
• Intended to be used only by companies incorporated in Canada under a provincial or federal Business Corporations Act.