Document background
The Director Acceptance Letter is a fundamental corporate governance document used when appointing new directors to a corporation's board in Canada. This document is required whenever a new director is appointed or elected to the board, whether in a public or private company. The letter serves multiple purposes: it provides formal documentation of the director's acceptance, confirms their eligibility under applicable Canadian corporate law, acknowledges their understanding of duties and responsibilities, and creates a record of the appointment date. The Director Acceptance Letter must comply with requirements under the Canada Business Corporations Act or relevant provincial corporate legislation, depending on where the corporation is incorporated. It forms part of the company's official records and may be required for regulatory filings, corporate audits, or due diligence reviews.
