The forms constitute the bulk of those necessary for the day to day keeping of the corporate formalities in a California corporation. Learn business entity filing tips drafted to assist with meeting minimum filing requirements of the California California Corporations Code here.The annual shareholders meeting and the annual board of directors meeting must take place at the time stated in the corporation's bylaws. In California, Section 600(b) of the Corporations Code requires the shareholders of the corporation to hold an annual meeting to elect corporate directors. In California, all corporations must hold valid corporate meetings and keep corporate minutes in a minute book as a record of those meetings. PLEASE PRINT LEGIBLE-!. An annual meeting of shareholders shall be held for the election of directors on a date and at a time stated in or fixed in accordance with the bylaws. Corporate minutes are used to record actual happenings during directors' or shareholders' meetings, such as decisions on tax, legal, and financial matters. California requires corporations to hold annual shareholders' meetings and keep adequate records of any such proceedings. Corporate meeting minutes in California are essential to maintain your S Corporation in good standing.
