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Corporation Meeting Requirements 2021

Single Shareholder

Requirements for meeting minutes are fairly simple for one shareholder corporations, but must still be kept in order to retain corporation status. Use the general requirements as a guideline and also consider the following information.

  •  Set a date of the meeting (this can be a past date since there is no need to give notice to oneself) to be held at least once annually.
  •  Record in the minutes that the meeting is a joint meeting of the shareholders and the board of directors.
  •  Record in the minutes the election of directors and the election of officers (president, secretary, treasurer) for the next year (if indicated as necessary in the corporate bylaws).
  •  Sign the minutes as the secretary of the corporation and retain copies with other business documents.

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