This alert is intended to provide basic guidance to entities organized in New York considering virtual meetings. There is usually no specific state requirements for how to conduct these meetings.Stringer has argued that some corporations adopt virtualonly meetings because "they want to avoid looking shareowners in the eyethey're. The two attorneys prior comments are right on point. All corporations (corporations that elect for S Corporation tax treatment included) in the United States must hold an annual meeting. Shareholder meeting schedule and regulations; Shareholder voting rights and procedures. Financial information. Under the New York Business Corporation Law, corporations are required to hold at least one shareholder meeting each year.