Board resolution

Business Resources

1. © Copyright Envision SBS. 2007. All rights reserved. Protected by the copyright laws of the United States & Canada and by international treaties. IT IS ILLEGAL
AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER PARTY,
THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.
BOARD RESOLUTION OF [YOUR COMPANY NAME] ADOPTED ON [DATE]
The undersigned, being all the directors of [YOUR COMPANY NAME], hereby sign the following
amended resolutions:
RESOLVED THAT:
1. The financial statements of the company for the fiscal year ended [MONTH AND DAY], prepared
by [ACCOUNTANT’S NAME ], Chartered Accountants, under their comments dated [DATE], are
approved which approval shall be evidenced by signature of the balance sheet.
OR

2. The financial statements of the company for the fiscal year ended [MONTH AND DAY], prepared
by [AUDITORS' NAMES], under their audit report dated [DATE], are approved, which approval
shall be evidenced by signature of the balance sheet.
3. The approved financial statements be placed before the annual meeting of shareholders of the
company.
4. [ACCOUNTANTS ] are appointed the accountants of the company for the current fiscal year.
5. By-Law No. [NUMBER] is passed as a by-law of the company to be placed before a meeting of
shareholders of the company for confirmation.
6. The application to amend the Articles of Incorporation [OR LETTERS PATENT ] of the company in
the draft form appended as Schedule A to these resolutions is approved to be placed before a
meeting of shareholders of the company for confirmation.
7. The company sells substantially all its assets to [PURCHASER NAME ] in accordance with the
draft agreement of purchase and sale appended as Schedule A to these resolutions.
8. [CHAIRMAN NAME ] is elected as Chairman of the Board of Directors.
9. A dividend of [AMOUNT] per share is declared on the issued [CLASS NAME] shares of the
company held by the [CLASS NAME] shareholders of record as of this date.
10. The salary of the [OFFICER] of the company is fixed at [AMOUNT] per annum effective [DATE].
11. The company executes the [CONTRACT/INSTRUMENT ] in the draft form appended as Schedule
A to these resolutions.
12. The transfer of [NUMBER AND CLASS OF SHARES ] from [TRANSFEROR NAME ] to
[TRANSFEREE NAME ] is approved.
13. The address of the head office [OR REGISTERED] of the company is changed to [YOUR
COMPLETE ADDRESS ].

[DIRECTOR NAME] [DIRECTOR NAME]
Board Resolution Page 1 of 2













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2. © Copyright Envision SBS. 2007. All rights reserved. Protected by the copyright laws of the United States & Canada and by international treaties. IT IS ILLEGAL
AND STRICTLY PROHIBITED TO DISTRIBUTE, PUBLISH, OFFER FOR SALE, LICENSE OR SUBLICENSE, GIVE OR DISCLOSE TO ANY OTHER PARTY,
THIS PRODUCT IN HARD COPY OR DIGITAL FORM. ALL OFFENDERS WILL BE SUED IN A COURT OF LAW.
Additional Resources:
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http://tinyurl.com/q8mb5r3
http://tinyurl.com/pnbwtht
Board Resolution Page 2 of 2