The Model Nonprofit Corporation Act states that regular meetings of the board of directors of a corporation may be held with or without notice as prescribed by the corporation's bylaws. Special meetings of the board of directors shall be held with notice as prescribed by the bylaws. Attendance of a director at a meeting constitutes a waiver of notice, unless the director attends a meeting for the express purpose of objecting to the transaction of any business on the ground that the meeting is not lawfully called or convened. Unless required by the bylaws, the business to be transacted at, or the purpose of, a regular or special meeting of the board of directors is not required to be specified in the notice or waiver of notice of the meeting.
Title: Wisconsin Notice of a Regular Meeting of the Board of Trustees of a Nonprofit Corporation Keywords: Wisconsin, notice, regular meeting, Board of Trustees, nonprofit corporation Introduction: The Wisconsin Notice of a Regular Meeting of the Board of Trustees of a Nonprofit Corporation is a document that serves as a formal announcement to the members of the Board of Trustees regarding an upcoming regular meeting of a nonprofit corporation operating in the state of Wisconsin. This notice contains crucial information about the meeting, including date, time, location, and agenda items to be discussed. Types of Wisconsin Notice of Regular Meetings for Nonprofit Corporations: 1. Annual Regular Meeting Notice: This type of notice is issued at least once annually, notifying all board members of the schedule of regular meetings to be held in the upcoming year. 2. Monthly Regular Meeting Notice: Some nonprofit corporations hold regular meetings on a monthly basis. This notice is sent out before each meeting to keep the board members informed. 3. Quarterly Regular Meeting Notice: Nonprofit corporations may choose to hold meetings every quarter. This type of notice is issued prior to each quarterly meeting, ensuring that board members are aware of the meeting schedule. 4. Special Regular Meeting Notice: Occasionally, nonprofit corporations may need to hold regular meetings on an ad hoc basis to address time-sensitive matters. This notice is sent out to board members with specific details regarding the date, time, and purpose of the special meeting. Key Components of a Wisconsin Notice of a Regular Meeting: 1. Heading: The notice should always include an appropriate heading stating "Notice of a Regular Meeting of the Board of Trustees of a Nonprofit Corporation." 2. Date and Time: Clearly specify the date and time of the meeting, adhering to the requirements set forth in the nonprofit corporation's bylaws or applicable regulations. 3. Location: Indicate the physical or virtual location of the meeting, providing any necessary access details such as meeting links or addresses. 4. Agenda: Prepare a comprehensive agenda listing all items to be discussed during the meeting. This helps the board members prepare and provides transparency. 5. Quorum: Mention the minimum number of board members required for a quorum and highlight its significance in making valid decisions. 6. Proxy Voting: If allowed, provide information on how board members can assign proxies if they are unable to attend the meeting in person or virtually. 7. Adjournment: Specify the procedure for adjournment, including a backup date or time if necessary. 8. Contact Information: Provide the name, title, and contact information of the person responsible for answering any queries related to the meeting. 9. Compliance Statement: Include a statement indicating that the notice is being sent in compliance with the Wisconsin laws and the nonprofit corporation's bylaws. Wrap-up: The Wisconsin Notice of a Regular Meeting of the Board of Trustees of a Nonprofit Corporation is a vital document that ensures transparency and effective communication among board members. By adhering to the legal requirements and structuring the notice with the aforementioned components, nonprofits can facilitate productive meetings and fulfill their obligations as responsible corporate entities in the state of Wisconsin.
