General Information. This booklet summarizes the Texas franchise tax law and rules and includes information that is most useful to the.Some corporations must hold annual meetings and draft annual meeting minutes for satisfying their business compliance responsibilities. Here are the tough questions shareholders should ask at the annual shareholders meeting to make their attendance a useful investment of time. Identify annual shareholder meeting requirements and simplify your planning with a checklist of the steps and processes needed for success. Leadership Meetings. Staff contact Holly McCauley or call 800-428-0272 ext. 8502. An annual meeting of the shareholders of a corporation shall be held at a time that is stated in or set in accordance with the corporation's bylaws.