Organizational Meeting*

2015 07 01 | Category: Offshore Glossary

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Organizational Meeting*
The initial meeting of incorporators or initial directors that are held after the filing of the articles of incorporation to complete the organization of the corporation. At the organizational meeting a number of initial tasks such as: ratification of the articles of incorporation, issuance of the initial shares, election of officers, approval of bylaws, and authorization of the opening of bank accounts is passed.


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