What is the name of the corporation? Where was it formed? Please SelectAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming (Or, where will it be formed?) How many individuals will be on the board of directors? individual(s) If you're not sure right now, you can leave this blank and enter it by hand later. How long will each director serve? Years The most common is 3 years. Meetings of the corporation may be called by: Meetings of the corporation may be called by: President (CEO)Majority of the Board of DirectorsMajority of the ShareholdersOther Enter the conditions for a special meeting to be called: If a special meeting is called, when should it take place? days after being requested Where can a meeting take place? Where can a meeting take place? At the corporation's officeRemotely (phone, web, etc.) Meeting notices may be sent to the shareholder's: Meeting notices may be sent to the shareholder's: E-MailMailing AddressFaxHand-DeliveredOther Enter how else a shareholder may be notified of a meeting: What represents a Quorum? A Quorum is the minimum number of people that must be present at a meeting to conduct official business.If you are unsure, a simple majority of 51% is the most basic way to satisfy a quorum. Percent (%) of Board of Directors to reach a quorum % of the Board of Directors must be present Percent (%) of Shareholders to reach a quorum % of the Shareholders must be present Actions and decisions of the corporation can be made by: Actions and decisions of the corporation can be made by: Having a MeetingWithout a Meeting (as long as all parties agree by written statement) Will the corporation have a corporate seal? Will the corporation have a corporate seal? YesNo A corporate seal is not required. Who will have the ability to sign legal contracts? Who will have the ability to sign legal contracts? President (CEO)Board of DirectorsChairpersonTreasurerSecretaryOther Who else can sign contracts for the corporation? If a director or officer gets sued, will the corporation pay their legal fees? If a director or officer gets sued, will the corporation pay their legal fees? YesNo Traditionally, this is yes. How can these bylaws be changed or updated? How can these bylaws be changed or updated? Majority Vote of the Board of DirectorsMajority Vote of the ShareholdersOther Bylaws may be changed or updated by: Will shareholders receive stock certificates? Will shareholders receive stock certificates? YesNo This is not normally required. Have you chosen a Secretary for the corporation? Have you chosen a Secretary for the corporation? YesNo The Secretary is required to sign these bylaws. Secretary's Name The corporation may be dissolved at the: The corporation may be dissolved at the: Sole decision of the President (CEO)Majority vote of the Board of DirectorsMajority vote of the ShareholdersOther "Dissolved" means terminate or cease operations. This is in the event the business is not profitable. Enter how the corporation can be dissolved: Date that these bylaws go into effect? Next Save Save and finish later
