Description
The right to receive dividends
- Resolution useful for a corporate shareholder wishing to waive the dividend declared by a issuer. This waiver may be strategic to favor the distribution of dividends to other shareholders, or to manage the priority of share classes.
- It may be necessary to obtain a shareholder's waiver when the class of shares he or she holds has priority over the class of shares to be declared as a dividend by the issuer, or simply because he or she wishes to waive it in favor of other shareholders.
- Any decision concerning a corporation must be the subject of an adoption resolution by its board of directors or, as the case may be, by the shareholders' meeting.
- All corporate resolutions must be kept in the company's minute book, thus ensuring the traceability and conformity of decisions taken.
- The dividend waiver resolution, available on this site, will meet the needs of a majority of companies for relatively simple situations. This document simplifies the process and ensures that the waiver is properly documented.
- Find a wealth of information on various legal topics in our legal FAQ.
Other services offered
Price
| Resolution - Dividend waiver | $18 |
Available option
|
Questionnaires review with a member of our legal team No discount or credit is applicable to this option. |
$60 |
