Article 7. Shareholders. We provide an LLC annual meeting minutes template to help your business easily record the minutes of your LLC's annual meeting.Annual meeting. (a). Filing a North Carolina annual report is a yearly activity that is required to maintain your company's registration as a legal entity in the state. This article describes various legal requirements that affect elected and appointed local governing boards. Usually, the election is conducted at an annual meeting, according to procedures specified in the bylaws. We have a step-by-step guide to filing your North Carolina Report yourself. The first order of business at an organizational meeting of the board of directors is the electing of officers. We had our annual meeting and our Property Manager did an excellent job covering the meeting. (c). Annual and regular membership meetings may be held (i) in person in or out of this.