Required in Oregon?
Yes.[1]
Laws
- Annual Meetings – A corporation shall hold an annual meeting of the shareholders at a time stated in or fixed in accordance with the bylaws.[2]
- Corporate Bylaws – The incorporators or board of directors of a corporation shall adopt initial bylaws for the corporation and may include any legally compliant provision for managing the business and regulating its affairs.[3]
- Issuance of Stock – The board of directors may authorize shares to be issued for consideration consisting of any tangible or intangible property or benefit to the corporation.[4]
Emergency Bylaws
Should a catastrophic event prevent the board of directors from assembling for a quorum, emergency bylaws may be enforced for the duration of the emergency.[5]