Massachusetts Waiver of Notice of Organization Meeting of (Name of Corporation)

• Category: Releases and Waivers - Notices
• State: Multi-State
• Control #: US-1045BG
• Format: Word; Rich Text

Description

Section 7.06 of the Revised Model Business Corporation Act provides: "A shareholder may waive any notice required by this Act, the articles of incorporation, or bylaws before or after the date and time stated in the notice. The waiver must be in writing, be signed by the shareholder entitled to the notice, and be delivered to the corporation for inclusion in the minutes or filing with the corporate records." A Massachusetts Waiver of Notice of Organization Meeting is a legal document that a corporation files in the state of Massachusetts to waive the requirement of giving notice of an organization meeting to its members or shareholders. This waiver indicates that the corporation is exempt from the necessity of providing notice to its members about the upcoming meeting. In Massachusetts, there are two types of waivers of notice of organization meetings that a corporation may choose to use: 1. Written Waiver: A written waiver of notice is a document signed by the corporation's shareholders or members, which declares their consent to proceed with the organization meeting without the need for formal notice. This waiver is typically prepared and circulated by the corporation's secretary or by an individual authorized by the corporation's by-laws or governing documents. 2. Oral Waiver: An oral waiver of notice of organization meeting occurs during a meeting when all the shareholders or members are present. In this scenario, all attendees unanimously agree to proceed with the meeting without the formal notice requirement. Although oral waivers are permitted in Massachusetts, it is advisable to obtain written confirmation of the waiver to maintain a record of consent. Keywords: Massachusetts, waiver of notice, organization meeting, corporation, written waiver, oral waiver, shareholders, members. It is important to note that the content provided here is informational in nature and should not be considered legal advice. For specific legal guidance concerning Massachusetts Waiver of Notice of Organization Meeting, it is advisable to consult with an attorney familiar with corporate law in Massachusetts.

A Massachusetts Waiver of Notice of Organization Meeting is a legal document that a corporation files in the state of Massachusetts to waive the requirement of giving notice of an organization meeting to its members or shareholders. This waiver indicates that the corporation is exempt from the necessity of providing notice to its members about the upcoming meeting. In Massachusetts, there are two types of waivers of notice of organization meetings that a corporation may choose to use: 1. Written Waiver: A written waiver of notice is a document signed by the corporation's shareholders or members, which declares their consent to proceed with the organization meeting without the need for formal notice. This waiver is typically prepared and circulated by the corporation's secretary or by an individual authorized by the corporation's by-laws or governing documents. 2. Oral Waiver: An oral waiver of notice of organization meeting occurs during a meeting when all the shareholders or members are present. In this scenario, all attendees unanimously agree to proceed with the meeting without the formal notice requirement. Although oral waivers are permitted in Massachusetts, it is advisable to obtain written confirmation of the waiver to maintain a record of consent. Keywords: Massachusetts, waiver of notice, organization meeting, corporation, written waiver, oral waiver, shareholders, members. It is important to note that the content provided here is informational in nature and should not be considered legal advice. For specific legal guidance concerning Massachusetts Waiver of Notice of Organization Meeting, it is advisable to consult with an attorney familiar with corporate law in Massachusetts.