• Annual Meetings – Annual meetings must be conducted at a time and place in accordance with the certificate of incorporation or bylaws.^[2]
• Organization of Corporation – After creating a corporation, the initial directors must hold an organizational meeting to appoint officers, adopt the bylaws, and carry out any other business matters.^[3]
• Issuance of Stock – The board of directors can issue stock in one or more transactions.^[4] If stock is issued, it must include the maximum number of shares, a time period when stock is issued, and a minimum amount of consideration for which stock may be issued.^[5]

Emergency bylaws are allowed to be used only during a “catastrophic event” to call a meeting and administer business duties. After the catastrophic event has ended, the standard bylaws will take precedence.^[6]