Post-Incorporation Organization and Records

Once the corporation is approved, it must be properly organized. For example, the officers must be elected, the corporate seal adopted, the shares registered, etc. This is done through by-laws, meetings and resolutions. The federal government requires that proper records be kept at the registered office of the corporation, which is to include a copy of the Articles of Incorporation, all by-laws, all amendments, copies of any unanimous shareholder agreements, minutes of meetings, resolutions of directors, a securities register, adequate accounting records, records containing meeting minutes and resolutions, and a register of transfers.