California corporate law requires an annual meeting of the shareholders, but there is no requirement for an annual directors meeting. Corporations typically hold several required formal meetings each year.The exact requirements vary depending on state laws and your corporation's bylaws. The forms constitute the bulk of those necessary for the day to day keeping of the corporate formalities in a California corporation. In California, all corporations must hold valid corporate meetings and keep corporate minutes in a minute book as a record of those meetings. We provide an LLC annual meeting minutes template to help your business easily record the minutes of your LLC's annual meeting. The special meeting aims to enable the shareholders to know the company's affairs and vote on the management's recommendations in the proposed resolution. In California, there are no statutory requirements for LLCs to hold annual meetings or keep formal meeting minutes. Corporate minutes are used to record actual happenings during directors' or shareholders' meetings, such as decisions on tax, legal, and financial matters. Most membership meetings are held annually.