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.