The Corporation Act of most states require an Annual Meeting of the Board of Directors as may be set forth in the Articles of Incorporation, Bylaws and state Corporation Act. The Annual Meeting of the Board of Directors requires a quorum of Board members in attendance, with majority of those present able to pass resolutions. The quorum and majority thresholds may be a simple majority or some higher proportion as set forth in the Articles, Bylaws or applicable statutes. You can find answers to your questions using our extensive library of
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This Form reduces costs by documenting standard resolutions for Annual Board of Directors Meetings.
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