Ontario Corporate Resolutions to Convert Debt to Equity

Authorize a conversion of debt to equity with these corporate resolutions for an Ontario corporation.

  • The directors and shareholders of the corporation resolve to cancel an existing shareholder loan.
  • They then resolve to add the outstanding principal balance of the loan to the shareholder's stated capital account.
  • The resolutions are made pursuant to the Ontario Business Corporations Act.
  • The form is available as a downloadable and fully editable MS Word template. Other formats available by request.
  • Intended for use only in the Province of Ontario, Canada.
Document Type: Microsoft Word
Last Updated: 09-December-2024
SKU: 1042
$6.29
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