Written May 1, 2019
The first organizational meeting is the first Board Meeting of your corporation! But actually, it's usually not a meeting. Since there's a lot to cover as you kickoff your corporation, it's often easier to execute a document known as the "Action in Lieu of Organizational Meeting" so nothing is missed. This document (or the meeting) will
This meeting/document execution should take place soon after the effective date of your certificate of incorporation. Share certificates are usually issued at this time, but in some cases, such as when a prospective shareholder does not yet have money to pay for them, they are issued when paid for.
Because D.I.Y. won’t C.Y.A.
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