• Meetings
need to be held at least annually.
• Give
notice of date, time, place of meeting (or retain signed waiver of notice, see
reverse) to all shareholders.
• Prepare
minutes of the meeting, including the following:
– The
name of the corporation.
– The date, time, and place where the meeting was held.
– That
notice of the meeting had been properly given or waived in accordance with the
bylaws.
– Record
of shareholders present and absent.
– That
the minutes of the previous meeting were pre-sented and approved.
– Any
important changes to the business that hap-pened during the year.
– Election
of officers (by action of the board of direc-tors) and directors (by vote of
the shareholders) according to the corporation’s bylaws and articles of
incorporation, if specified that elections should occur annually.
– Any
other basic information covered and decisions made.