Easily Hide Data from the Incorporators' Organizational Meeting

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How to Hide Data from the Incorporators' Organizational Meeting

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What are the requirements for incorporators in California?

The essential requirements of a California Corporation include the following: Filing Articles of Incorporation. Paying a state filing fee of $100. Assigning a statutory agent having a street address in the state of California. Paying an $800 minimum annual franchise tax.

What is an incorporator in California?

Incorporators carry out the important task of filing Articles of Incorporation and other entity formation documents necessary to form a corporation. Also called a Certificate of Incorporation, the document serves as the application for the corporation to legally conduct business in the state.

What is the first meeting of incorporators?

An Incorporators Organizational Meeting is an initial meeting of the incorporators of a company where the initial resolutions to organize the company are recorded. This occurs after Articles of Incorporation are filed and a certificate of incorporation is received from the Secretary of State.

What is the statement of incorporators in California?

The Incorporators Statement includes the complete name and address of each initial director. Initial directors serve until the board of directors is elected during the first shareholders meeting. The Incorporators Statement should be preserved with the rest of the corporate records.

Who needs to file a California Statement of Information?

ing to California state law, all California corporations, nonprofits, and LLCs must file a California Statement of Information also called an annual report. These statements must be filed with the California Secretary of State each year OR every other year depending on what type of business you own.

What is an incorporators statement?

The Statement of Incorporator documents what happened at the initial incorporators organizational meeting, of which one of the purposes is to name the corporations initial board of directors.

What is an organizational meeting of a board of directors?

Organizational meetings are held to appoint officers, elect or appoint directors, issue shares in the corporation, approve bylaws, setup minute books, appoint or waive the appointment of auditors, set up bank accounts, etc.

What is an action in lieu of organizational meeting?

An Organizational Consent in Lieu of Meeting is a legal document supplanting a physical meeting by LLC members. In the form, members provide their consent for action or series of actions that would otherwise require their presence to approve.

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Hide Data from the Incorporators' Organizational Meeting