Can minors sign shareholder agreements in Canada?
A shareholder agreement is a document that generally sets out the rights, privileges, and obligations of a company’s shareholders and the foundation for how a corporation will be established, managed, and run. As such, shareholder agreements are important to both the shareholders of a corpor…
View the post titled Can minors sign shareholder agreements in Canada?Navigating minor’s share ownership in OBCA corporations: Exceptions, risks, and mitigation strategies
The Ontario Business Corporations Act (OBCA) serves as the regulatory backbone for the establishment and operation of corporations in Ontario. However, can a minor hold shares in an OBCA corporation? What if a parent wants to pass on shares to their child? And if so, what risks come with thi…
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