This document is sometimes referred to as the charter. There are two types of meetings: Board meetings and Membership meetings.Meetings of the board of directors shall be held upon such notice as the by-laws may prescribe. Meetings: The bylaws should specify the guidelines and processes for having meetings, including the frequency, notice requirements, and meeting protocols. The first step to beginning a corporation is filing your articles of incorporation. Do this with the Illinois Secretary of State. You'll need to register your business with the state, prepare internal corporate documents, appoint company directors, and issue stock. Paperwork, Cost, Time. 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. If the number of directors is not set in the articles, it should be set in the bylaws. 3.