Laws
- Annual Meetings – An annual meeting held inside or outside of the state (remote meetings acceptable) is required.[1]
- Corporate Bylaws – Bylaws can be changed by the shareholders or the board unless restricted by the articles of incorporation[2]. Bylaws should also state the number of directors or include that the number of directors cannot be more or less than a given number[3]. A copy of a corporation’s bylaws must be kept in its principal place of business[4].
- Issuance of Stock – The corporation is permitted to issue types of shares with varying rights and restrictions as specified in its articles of incorporation.[5]