Free Directors' Organizational Meeting

Answer a few simple questions Print and download instantly It takes just 5 minutes

Create Your Free Directors' Organizational Meeting

  1. Answer a few simple questions
  2. Email, download or print instantly
  3. Just takes 5 minutes

Directors' Organizational Meeting

Corporation Details



Corporation Details

Name of Corporation: A) A corporate name must contain the word "corporation," "incorporated," "company," or "limited," or the abbreviation "corp.," "inc.," "co.," or "ltd.".
B) A corporate name cannot contain any language stating or implying that it will transact one of the special kinds of businesses listed below unless it proposes in fact to engage in such special kind of business:
(1) business of a bank or trust company
(2) insurance company
(3) savings and loan association or savings bank
(4) railroad or other public service company
(5) utility or public service companies
C) A corporate name cannot contain any word or phrase that is prohibited by law.
D) A corporate name must be distinguishable from the name of all other entities in the state.




Your Directors' Organizational Meeting

Update Preview
This document preview is formatted to fit your mobile device. The formatting will change when printed or viewed on a desktop computer.
Directors' Organizational Meeting Page of
Page of

MINUTES OF THE ORGANIZATIONAL MEETING OF THE SOLE DIRECTOR (the "Director") of __________ (the "Corporation") held at __________, on November 12, 2019, at the hour of __________

  1. The following Director was present: __________
  2. UPON MOTION, ____________________ acted as Chairman of the meeting and as Secretary of the meeting.
  3. The following memorandum was then read and ordered to be inserted into the minutes:

    I, the sole Director of the Corporation, consent to this meeting being held at the above time and place and waive notice of this meeting and the publication of this meeting, and consent to the transaction of such business, as may have come before it, as testified by my signature below:

    _________________________
    __________ (Signature)
  4. There being no further business to come before the meeting, the meeting then adjourned.



_________________________
__________ (Signature)

Directors' Organizational Meeting

Alternate Names:

A Directors' Organizational Meeting is also known as a/an:

  • Board of Directors' Organizational Meeting
  • Corporate Organizational Meeting
  • First Organizational Meeting
  • Initial Directors' Meeting
  • Minutes of Organizational Meeting

What is a Directors' Organizational Meeting?

A Directors' Organizational Meeting occurs after a company's Articles of Incorporation have been filed and the company is officially incorporated.

The purpose of the meeting is to organize the corporation in order to determine how it will run, as well as other housekeeping details regarding shareholders, appointment of officers, and Corporate Bylaws.

What is a director in a corporation?

A director of a corporation is an appointed official who manages the day-to-day affairs in the company.

Their primary objective is to pursue the business objectives of the corporation in good faith and guide it towards profit and success. They are expected to conduct themselves lawfully, meaning they are prohibited from actions that take advantage of their position or that harm the company or shareholders.

Directors are typically elected by the shareholders at the annual meeting of the corporation.

Who is the chairman of the board?

The chairman of the board is one of the members on the board of directors who is elected to a position of leadership. Typically, they are the liaison between the board, the shareholders, and company management.

Often, the chairman of the board acts as the chairman of corporate meetings, managing and ensuring order while they take place. Depending on the structure of the organization, the chairman might also be the chief executive officer (CEO) of the company.

Why is a corporate organizational meeting necessary?

A corporation's organizational meeting is meant to be the initial meeting of the owners of the corporation and management.

Typically, the items on the meeting agenda include:

  • The appointment of corporate officers
  • The acquisition of a minute book to record meeting minutes and actions
  • The approval of Corporate Bylaws
  • The approval of share certificates
  • The appointment of a banking or financial institution
  • The approval of the corporate seal
  • Any other resolutions

An organizational meeting occurs once at the formation of the corporation. After that, shareholders typically hold scheduled annual meetings to review the year and to discuss new business and future plans for the corporation.

Directors (or sometimes shareholders themselves) may also call special meetings of the shareholders to deal with particular issues that arise.

Related Documents:

  • Articles of Incorporation: the documents that need to be filed with the government to form a corporation
  • Corporate Bylaws: the governing rules of a corporation that dictate internal management, corporate meetings, voting details, and duties of officers
  • Directors' Resolution: a document used for the recording of directors' actions or resolutions without an official meeting or to record the minutes of a directors' meeting
  • LLC Operating Agreement: an agreement that outlines the rights and obligations of LLC members and establishes operational details for an LLC

Frequently Asked Questions:

Directors' Organizational Meeting FAQ
Create your free Directors' Organizational Meeting in 5-10 minutes or less
Know any someone organizing a corporation? Pass this document along:
This document preview is formatted to fit your mobile device. The formatting will change when printed or viewed on a desktop computer.
Loading ...
Loading ...

Note: Your initial answers are saved automatically when you preview your document.
This screen can be used to save additional copies of your answers.