Wyoming Directors and Distributors Stock Option Plan

State:
Multi-State
Control #:
US-CC-18-371G
Format:
Word; 
Rich Text
Instant download

Description

This is a multi-state form covering the subject matter of the title.
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FAQ

To start a corporation in Wyoming, you'll need to do three things: appoint a registered agent, choose a name for your business, and file Articles of Incorporation with Wyoming's Secretary of State. The articles cost $100, and they can be filed online (add $2), by mail, or in person.

Wyoming shareholders have the right to inspect and corporate books and records, including: minutes of both shareholder and director meetings, accounting records, list of shareholders, by-laws, and articles of incorporation.

Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.

Corporate bylaws are legally required in Wyoming. In most cases, the board of directors adopts initial bylaws at the first organizational meeting.

Action without meeting. (a) Unless the articles of incorporation or bylaws provide otherwise, action required or permitted by this act to be taken at a board of directors' meeting may be taken without a meeting if the action is taken by the requisite number of members of the board.

Authority to transact business required. (a) A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.

(a) Unless otherwise provided in the articles or bylaws, a corporation shall have a president, a secretary, a treasurer and any other officers as are appointed by the board.

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Wyoming Directors and Distributors Stock Option Plan