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Business Law > Business Corporations > Shares > Sale of shares by private agreement between the shareholder and the issuer - Resolutions

Sale of shares by private agreement between the shareholder and the issuer - Resolutions

Resolution of the corporation holding shares wishing to sell its shares to their issuer pursuant to an agreement between the parties...more

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Starting from
Starting
from
$15

Description

  • A corporation that is a shareholder of the capital of an issuer may agree with the latter to purchase back shares of its own capital.
  • The available resolution is suitable for the sale of a single class of shares that have already been fully paid by the shareholder to the issuer.
  • This resolution meets the needs of a majority of corporations for relatively simple situations.
  • For a more complex situation, please contact  .
  • In general, any decision concerning a corporation must be subject to a resolution passed by its board of directors.
  • Any resolution of the corporation must be kept in its minute book.

* These fees may be changed within a 60-day notice and in accordance with section 71 of the Code of ethics of notaries.

GST and QST not included.

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