Personal Law Business Law
Français About us Sign up Log in
Interactive legal guides Packages Online consultation Videos Frequently asked questions Legal blog
ONLINE LEGAL DOCUMENTS
Business Law > Business Corporations > Dividend and bonus > Declaration of dividend - Resolution

Declaration of dividend - Resolution

Resolution of the corporation to declare dividend on a class of shares...more

Answer the questionnaire

Print the resolution

Sign it

Starting from
Starting
from
$15

Available options

Dividend paid in money Included
Dividend paid by the delivery of corporation's assets $2
Dividend paid by the issue of shares of the corporation that is a private issuer $10
Questionnaires review with a member of our legal team
- No credit for this option.
$30

Other services offered

Interactive legal guide
Want to start a business...
How to do it?

Description

  • During the year, a corporation may decide to declare a dividend.
  • A dividend to shareholders may be paid either in money or property of the corporation or by the issue of fully paid shares or options or rights to acquire fully paid shares of the corporation.
  • The resolution for the declaration of a dividend, available on this website, will meet the needs of a majority of corporations for relatively simple situations.
  • For a more complex situation requiring further examination, please contact  .
  • Any decision concerning a corporation is subject to a resolution passed by its board of directors or, where applicable, at the shareholders' meeting.
  • Any resolution of the corporation must be kept in its minute book.

Summary

The following documents are offered based on the type of payment chosen for the declared dividend.

  • Dividends paid in money:
    • The resolution of the corporation.
  • Dividend paid by delivery of Corporation assets:
    • The resolution of the corporation;
    • The notice to shareholders of the corporation.
  • Dividend paid through the issue of shares:
    • The resolution of the corporation;
    • The statement under section 2.4 of Regulation 45-106 in respect of a private issuer;
    • The share certificate.

* 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.

This browser does not support this kind of file. Please download the file to view it: Download the file