Articles of amendment - Major changes

Articles of amendment - Major changes

What are Articles of amendment?

Articles of Amendment are used to make important changes to a corporation by amending its Articles of Incorporation. These changes include:

  1. changing the Legal Name of the corporation;
  2. changing the number of directors required by the corporation;
  3. changing the share capital of the corporation; and
  4. for a federal corporation, changing the province of the registered office.

To amend Articles of incorporation, the proposed amendment must be authorized by a resolution adopted by the board of directors.

The resolution must then be ratified by the shareholders, in such percentage as required by the applicable law, at which time the shareholders also authorize one director to sign the Articles of amendment. Typically, an amendment to the Articles of Incorporation must be confirmed by a greater majority (2/3 or 3/4 depending on the jurisdiction) of the votes cast by the shareholders at a special general meeting.


To learn more or to perform some compliance check out our site: https://www.corpcentre.ca/compliance-centre/

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