Louisiana Minutes for Organizational Meeting

State:
Louisiana
Control #:
LA-INC-OM
Format:
Word; 
Rich Text
Instant download

Description

This document consists of the minutes from the organizational meeting of a Louisiana business corporation. It outlines various resolutions approved by the incorporators, shareholders, and board of directors without convening a formal meeting, in accordance with Louisiana Business Corporation Law. Key topics covered include the establishment of par value for stock, issuance of common stock, election of directors and officers, approval of articles of incorporation and by-laws, authorization for banking activities, and decisions regarding corporate structure such as electing 'S Corporation' status and classifying stock as '§ 1244 Stock'. The document serves as an official record of actions taken to organize the corporation.
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FAQ

There are three standard styles of minutes: action, discussion, and verbatim. Each style has a specific use.

The participants to the meetings have a reminder aid. The minutes say who will do what and when. They are the starting point of the following meeting. They are helpful for those absent to know was discussed and what decisions have been taken. In case of conflicts, they are useful to know what agreements were made.

Step 1: Name of Participants. It is first important to write the name of the participants those who are present in the meeting and those who are absent in the meeting. Step 2: Agenda items. Step 3: Important Date. Step 4: Actions. step 5: Important Points.

Organization name. Date of meeting. Time the meeting was called to order. Board members present. Name of the presiding officer. Absent board members. Note whether the session meets quorum. Guests and organizational staff present.

Organizational meetings are held to appoint officers, elect or appoint directors, issue shares in the corporation, approve bylaws, setup minute books, appoint or waive the appointment of auditors, set up bank accounts, etc.

Meeting name and place. Date and time of the meeting. List of meeting participants. Purpose of the meeting. For each agenda items: decisions, action items, and next steps. Next meeting date and place. Documents to be included in the meeting report.

Use a template. Check off attendees as they arrive. Do introductions or circulate an attendance list. Record motions, actions, and decisions as they occur. Ask for clarification as necessary. Write clear, brief notes-not full sentences or verbatim wording.

Meeting name and place. Date and time of the meeting. List of meeting participants. Purpose of the meeting. For each agenda items: decisions, action items, and next steps. Next meeting date and place. Documents to be included in the meeting report.

A corporation's organizational meeting is meant to be the initial meeting of the owners of the corporation and management. Typically, the items on the meeting agenda include: The appointment of corporate officers. The acquisition of a minute book to record meeting minutes and actions. The approval of Corporate Bylaws.

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Louisiana Minutes for Organizational Meeting