The Acta directorio ford in King serves as a crucial document for the first board of directors meeting of a corporation. It outlines the essential elements, such as the date and location of the meeting, the presence of directors, and the election of temporary officers. Key features include the election of the Chairperson and Secretary, verification of quorum, approval of incorporation, and adoption of by-laws. It provides clear instructions for documenting actions taken during the meeting, including the appointment of corporate officers and their respective salaries. There are provisions for accepting asset transfers in exchange for shares, and establishing a fiscal year for the corporation. This form is designed to ensure legal compliance and proper documentation of corporate governance. Attorneys, partners, and owners will find it invaluable for maintaining legal adherence, while associates, paralegals, and legal assistants can utilize it for accurate record-keeping and ensuring that all corporate resolutions are properly documented and easily accessible.