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Business Law > Business Corporations > Dividend and bonus > Waiver of dividend - Resolution

Waiver of dividend - Resolution

Resolution of the corporation confirming its dividend waiver...more

  1. Answer the questionnaire
  2. Print the resolution
  3. Sign
Starting from
Starting
from
$15

Description

  • This resolution is for a corporate shareholder wishing to waive the dividend declared by the issuer.
  • This resolution will meet the needs of most corporations for relatively simple situations.
  • For a more complex situation, please contact  .
  • It may be necessary to obtain the shareholder's waiver in the event where the class of shares held by the latter has priority over that of referred to in the declaration of dividend by the issuer, or simply where the shareholder wishes to waive dividend to the benefit of other shareholders.
  • Any decision concerning a corporation must be subject to a resolution by its Board of Directors or, where applicable, its shareholders.
  • Any resolution of the corporation must be kept in its minute book.

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* 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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