Ontario Corporate Resolutions to Convert Debt to Equity

Prepare corporate resolutions for an Ontario corporation to convert debt to equity with these ready-made templates.

The directors and the sole shareholder of the corporation approve the cancellation of an existing shareholder loan and authorize adding the outstanding principal balance to the shareholder's stated capital account, pursuant to the Ontario Business Corporations Act.

These Ontario Corporate Resolutions to Convert Debt to Equity are available as a downloadable and fully editable MS Word file.