Special Meeting of the Board of Directors
Special Meeting of the Board of Directors
- A Special Meeting of the Board
of Directors is a meeting of your directors convened to vote on a special item
that requires immediate attention. In most states, the Chairman of the Board,
the President, or any two Directors may call a Special Meeting of the Board of
Directors. Your corporation may hold any number of special meetings of your
Board of Directors to conduct corporate
business.
The Corporate Secretary must either give proper legal Notice of the date, time and place of the meeting or obtain a written Waiver of Notice signed and dated by each director who did not receive proper legal Notice. The Waiver of Notice may be signed and dated by the director either before or after the meeting. The attendance by the director at the meeting effectively waives the lack of sufficient Notice of the Meeting. The Secretary of the directors' meeting is responsible for taking adequate Corporate Minutes of the meeting for inclusion in the Corporate Minute Book together with the Notice of the Meeting, Waiver of Notice, if any, and any other documents required to be included by the Corporate Minutes of that meeting.
Disclaimer: The foregoing is intended to provide general information and may not be suitable in specific instances. The glossary information is not intended to be exhaustive, but rather to illustrate typical considerations. The material is provided with the understanding that it is not legal, accounting, tax or any other professional advice.
Copyright © 2003-2010 LawVantage.com, LLC. All rights reserved.
Important LawVantage.com, LLC and its website, CorporateBoardMinutes.com, do not render any legal, accounting or other consulting advice.
For legal advice, you should always consult with a qualified attorney-at-law.
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The Corporate Secretary must either give proper legal Notice of the date, time and place of the meeting or obtain a written Waiver of Notice signed and dated by each director who did not receive proper legal Notice. The Waiver of Notice may be signed and dated by the director either before or after the meeting. The attendance by the director at the meeting effectively waives the lack of sufficient Notice of the Meeting. The Secretary of the directors' meeting is responsible for taking adequate Corporate Minutes of the meeting for inclusion in the Corporate Minute Book together with the Notice of the Meeting, Waiver of Notice, if any, and any other documents required to be included by the Corporate Minutes of that meeting.
Disclaimer: The foregoing is intended to provide general information and may not be suitable in specific instances. The glossary information is not intended to be exhaustive, but rather to illustrate typical considerations. The material is provided with the understanding that it is not legal, accounting, tax or any other professional advice.
Copyright © 2003-2010 LawVantage.com, LLC. All rights reserved.
Important LawVantage.com, LLC and its website, CorporateBoardMinutes.com, do not render any legal, accounting or other consulting advice.
For legal advice, you should always consult with a qualified attorney-at-law.
Website development by
Vine Design.