What document may prove that a corporation has the power to borrow?

The Articles of Incorporation and Borrowing Bylaws are crucial documents that demonstrate a corporation's ability to borrow money. The Articles of Incorporation serve as the foundational legal document that establishes the corporation, detailing its purpose and the powers it holds, which often includes the authority to incur debt.

Additionally, Borrowing Bylaws are specific provisions set out by the corporation that outline the terms under which it can secure loans and other forms of borrowing. These bylaws typically detail the limits of borrowing capacity, the authority needed to approve loans, and the conditions under which loans must be repaid. Together, these documents provide definitive evidence that the corporation is legally permitted to engage in borrowing activities, aligning with corporate governance and compliance regulations.

In contrast, proof of address does not provide any legal authority related to borrowing. Corporate tax returns offer insight into a corporation's financial health but do not address its capacity to borrow. A partnership agreement applies to businesses structured as partnerships and does not pertain to corporations at all, making it irrelevant in this context.