Ontario Directors Resolution Approving Banking Resolution

Establish the borrowing powers of the directors of a Canadian business corporation with this downloadable Corporate Borrowing Bylaw form.

• In accordance with the requirements of the Business Corporations Act, the borrowing bylaw sets out the powers of the directors to:
  • borrow money,
  • create debt obligations,
  • grant security to lenders on behalf of the corporation, and
  • delegate those powers to committees or officers.
• The Corporate Borrowing Bylaw can be used for federal corporations and in the provinces and territories of Alberta, BC, Saskatchewan, Ontario, New Brunswick, Nunavut, Yukon and NWT.

Designate a financial institution to act as bankers for a Canadian corporation with this template Directors Resolution.

• Before the corporation sets up its bank accounts, the choice of a bank must be approved by the directors.
• The bank also requires all the proper corporate approvals to be given.
• This form can be downloaded and used by any business corporation in Canada, whether incorporated federally or in one of the provinces with a Business Corporations Act.
• Get your copy of the Directors Resolution to Designate Bank by adding the template to your shopping cart, then checkout using our secure transaction system. You can then download the form.

Prepare a Borrowing Bylaw (Bylaw No. 2) with this downloadable template for an Ontario business corporation.

• Bylaw No. 2 sets out the power and authority of the corporation's Board of Directors to:
  • borrow money,
  • create debt obligations,
  • grant security to lenders on behalf of the corporation, and
  • to delegate those powers to committees or officers.
• The template is provided in MS Word format.
• Intended to be used only by corporations incorporated in the Province of Ontario, 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.