Document background
The Company Resolution Form is a crucial corporate governance document used across Canadian jurisdictions to formally document and implement decisions made by a corporation's governing bodies. It is required under both federal legislation (Canada Business Corporations Act) and provincial corporate statutes, serving as evidence of properly authorized corporate actions. This document is essential when corporations need to make significant decisions such as issuing shares, appointing officers, approving financial statements, entering into major contracts, or making changes to corporate structure. The resolution must include specific details about the meeting where the decision was made, the exact nature of the decision, and proper authorization through signatures of designated officers. It forms part of the corporation's official records and may be required by third parties such as banks, regulatory authorities, or business partners as proof of corporate authorization.
