The typical California corporation has an annual meeting of shareholders which follows immediately upon an annual meeting of directors. The annual board of directors meeting, similarly must be noticed and must be held on the date, time, and place stated in the corporation's bylaws.According to the California Corporations Code, written notice of the meeting must be given to each shareholder entitled to vote. (a) Meetings of shareholders may be held at any place within or without this state as may be stated in or fixed in accordance with the bylaws. (b) 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. What: Each year, the shareholders of a California corporation are required to hold a meeting. Corporations are required to hold certain formal meetings each year. Written notice of the annual meeting must be given at least 30 but no more than 60 days before the scheduled meeting. In California, Section 600(b) of the Corporations Code requires the shareholders of the corporation to hold an annual meeting to elect corporate directors. If no other place is stated or so fixed, shareholder meetings shall be held at the principal office of the corporation.
