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Ontario Borrowing Bylaw of Corporation

Use this template to prepare a Borrowing Bylaw (Bylaw No. 2) for an Ontario business corporation.

Bylaw No. 2 sets out the powers of the corporation's directors to:
  • borrow money,
  • create debt obligations,
  • grant security to lenders on behalf of the corporation, and
  • to delegate those powers to committees or officers.
This Ontario Borrowing Bylaw of Corporation template is provided in MS Word format. Updated Mar 25/08.

Download: Ontario Borrowing Bylaw of Corporation

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