Establish the quorum number before the meeting. The number of members needed to constitute a quorum is almost always indicated in the association bylaws.The owners may be issued stock certificates to serve as proof of ownership in the corporation. Usually I have a few questions like these: Ask them to share with you everything they think you should know. C. Special shareholders' meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws. Per Section 10-501 of the Act, the. You can show up at the meeting, management will give an opening statement, hoping to answer as many likely questions with that statement. Need to act as a shareholder, officer or director? Manage your corporation's activities with our customizable documents. LLC annual meetings are typically a time to review the annual financial report, record distributions, and note any changes to management or salaries.