A corporation shall hold a meeting of shareholders annually at a time stated in or fixed in accordance with the bylaws. Annual meetings may be held in or out of the state, as stated in the by-laws.Annual shareholder meetings must be conducted regularly, and minutes of these meetings must be recorded. Filing your corporate tax returns timely and consistently is another item of proof that your corporation should be respected. It requires government to take actions openly. Ensures deliberations allow for an open public process. Our lawyer-drafted, Utah-specific corporate bylaws template makes it easy to craft bylaws for your corporation.