Welcome: Home / Glossary of Terms
Bookmark and Share

Glossary of Terms

ALL | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Registered Office

The address to which all corporate documents are sent. A provincially incorporated business must have its registered office within the province of incorporation. A federally incorporated business must have its registered office within Canada. The address of the registered office does not have to be the actual place of business but it normally cannot be a post office box.

Resolution

A statement of a decision reached by either the shareholders or directors of a corporation. A resolution may be written if all parties agree and sign it, or it may be made orally in a meeting on the basis of a number of votes cast and then recorded in the meeting's minutes. An ordinary resolution is one passes by a majority of votes, and a special resolution is one passed by a majority of a minimum two-thirds of the votes cast.

Top

Have a Question?






Click for the Business Profile for New Business Now.com