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.