Board Resolution (Amalgamation) (Horizontal Short Form) (OBCA)

Summary

This precedent is a resolution of the directors approving short form horizontal amalgamation under the Ontario Business Corporations Act. Short form horizontal amalgamation is when two or more wholly owned subsidiaries of the same parent or holding company amalgamate. For information on corporate resolutions for an Ontario corporation, see the Corporate Resolution Resource Kit (ON). For more information on amalgamations of business corporations, see the Amalgamation Resource Kit (CBCA, ABCA, BCBCA, ONCA).