Meetings of shareholders may be held either within or without this State, as may be provided in the by-laws or in a resolution of the board of directors. The first step to beginning a corporation is filing your articles of incorporation.Do this with the Illinois Secretary of State. There is usually no specific state requirements for how to conduct these meetings. This guide will help you file formation documents, get tax identification numbers, and set up your company records. This document is sometimes referred to as the charter. Ers may purchase the shares of a deceased shareholder or a shareholder no longer qualified to own shares in the corporation. In the absence of such a provi-. In the size of the board. Fill out the form to access a sample of Practical Guidance.