North Dakota Record of Unanimous Consent of Directors in Place of Annual Meeting

State:
Multi-State
Control #:
US-1340804BG
Format:
Word; 
Rich Text
Instant download

Description

Both the Model Business Corporation Act (MBCA) and the Revised Model Business Corporation Act (RMBCA) allow for a Record of Unanimous Consent of Directors in lieu of a Meeting.

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FAQ

'Written consent' signifies the approval of board members via a written document, granting the ability to act on specific decisions without assembling for a meeting. This practice streamlines internal processes and provides a record of the board's decisions. Using the North Dakota Record of Unanimous Consent of Directors in Place of Annual Meeting makes this process more secure and compliant with state regulations.

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North Dakota Record of Unanimous Consent of Directors in Place of Annual Meeting