Condo owners want to rewrite the rules that require they join the community golf club, but can they do it? Our legal expert ...
Many corporate regulations can be placed in the company’s bylaws, which need not be filed with the state, but others must be ...
When you’re considering how to incorporate either type, both are held to the same legal standard: They must adopt bylaws, file annual reports as required by their state of incorporation and hold ...
An Ohio appellate court, reversing a summary judgment decision, recently held that the “full-time efforts” section of an Area ...
Along with the articles of incorporation, the directors and shareholders usually adopt corporate bylaws that govern the powers and authority of the directors, officers, and shareholders.
Starting a nonprofit requires many steps to get started. Asking others for guidance and working with professionals can help ...
Certain legal actions, such as amending the bylaws or articles of incorporation, require a corporate resolution to demonstrate compliance with regulatory standards. This ensures that the ...
Deciding to form a corporation is a significant step for any business owner. It involves creating a legal entity separate from its owners, bringing advantages and disadvantages. Understanding the ...
This will require a change to the ESA Bylaws, to be voted on by the ESA Council in August, after which the Governing Board will develop changes to the Policies and Procedures. As described in this ...
Except for director elections, a majority of the votes cast will now decide matters unless a different minimum vote is mandated by the company's Certificate of Incorporation, bylaws, applicable stock ...
The articles of incorporation and bylaws were filed in 1974 and we are registered with the IRS. Recently, a newly elected board proposed a plan to create an HOA, suggesting this was a legal ...