Document background
The Certificate of Incumbency and Authority is a fundamental corporate document widely used in Canadian business operations to provide formal verification of a corporation's key personnel and their authority to act on behalf of the company. This document is typically required when a corporation needs to prove the legitimacy of its representatives to third parties, such as banks, government agencies, or business partners. It includes crucial information about the corporation's directors, officers, and authorized signatories, their positions, and the scope of their authority. The certificate must comply with both federal and provincial corporate laws in Canada and often requires notarization to be considered valid for official purposes. It serves as a critical tool in preventing fraud and ensuring proper corporate governance by providing a reliable way to verify who has the authority to bind the corporation in various transactions and agreements.
