Corporations typically hold several required formal meetings each year. The exact requirements vary depending on state laws and your corporation's bylaws.Hold meetings at least annually. This alert is intended to provide basic guidance to entities organized in New York considering virtual meetings. One of the requirements for corporations in most states is to have an annual board meeting. Typically, these are held near the end of the year. Have annual meeting requirements changed following the New York Business Corporation Law amendment? Under the New York Business Corporation Law, corporations are required to hold at least one shareholder meeting each year. Administrative tasks. The Business Council's Annual Meeting is our premier event of the year.