Canada Bylaws of Business Corporation

A corporation's bylaws set out how the business of the corporation will be conducted. This template is By-law Number One for a Canadian corporation which covers such topics as:

• how shareholder meetings are to be called and held, and the procedure for voting,
• procedures for calling, holding and voting at meetings of the board of directors,
• how officers will be appointed and what the duties of each officer are,
• indemnity of directors and officers by the corporation with respect to actions taken by them in discharging their duties,
• how notices and other corporate documents are to be signed.

The Canada General Bylaw (By-law Number One) for Business Corporation can be used for companies incorporated federally or in any province that has a Business Corporations Act.