What is an Organizational Meeting?
Once the Articles have been filed, and the business is officially formed, the company should hold an organizational meeting. All directors, officers and shareholders should be attending. At this meeting, those attending lay the foundation of the company’s operation. It’s a synonym for “Incorporation.” It’s the process by which a corporation or LLC becomes officially incorporated.
Once the Articles of Incorporation are filed and a Certificate of Incorporation is received from the Secretary of State the corporation should hold the organizational meetings. If directors are not yet appointed then the incorporators should hold an organizational meeting for the purpose of appointing directors and completing the formation of the corporation including drafting and adopting bylaws subject to ratification by the shareholders. If directors were named in the Articles of Incorporation then the directors should hold an organizational meeting and complete the formation of the corporation again subject to ratification by the shareholders. The shareholders can then hold an organizational meeting to ratify any action taken by the incorporators or directors including adopting the articles of incorporation, adopting the corporate bylaws, electing or adopting the appointment officers and electing or adopting the appointment of directors.
(back to top) After the articles of organization are filed and the business is officially formed, the company should hold the organizational meeting. All the proposed directors, officers, and shareholders should be in attendance. At this meeting, the people in attendance lay the foundation for the company’s operation. The initial corporate matters should be addressed at the meeting, and minutes should be taken to record the results.
After the articles of organization are filed and the business is officially formed, the company should hold the organizational meeting. All the Members, and proposed officers should attend. At this meeting, the initial company organizational issues should be addressed, and minutes should be taken to record the results.
After the articles of organization are filed and the business is officially formed, the company should hold the organizational meeting. All the proposed directors, officers, and shareholders should be in attendance. At this meeting, the people in attendance lay the foundation for the company’s operation. The initial corporate matters should be addressed at the meeting, and “minutes” should be taken to record the results.
